market basket

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market basket

n.
1. A grocery cart.
2. A group of products or services in a specific market, especially when considered in terms of its fluctuating cost in determining a consumer price index: "The CPI measures the average price change over time of a fixed market basket containing more than 200 goods and services" (Teresa Tritch).
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
Translations
References in classic literature ?
Went to Westminster School as a King's Scholar, when I was principally living on garbage, and sleeping in market baskets. Why, if I wanted to keep a dozen horses - which I don't, for one's enough for me - I couldn't bear to see 'em in their stalls here, and think what my own lodging used to be.
Narrow and Broad Market Baskets. In the market basket approach, we applied the above price index formula to a collection of services.
NEW YORK -- A comparison of costs of market baskets containing more than two dozen items suggests "special needs store brands" save money for consumers shopping for organic products and other merchandise to maintain or improve their health, according to the Private Label Manufacturers Association (PLMA).
This comparison found an average market basket total of $507.81 for the national brand products, versus an average total of $379.65 for the market baskets filled with store brand products.
Employees at several Market Baskets picketed outside the stores this week in support of ousted chief executive Arthur T.
2010 Market Baskets CIP PCE February Food Market Baskets 15.3 14.0 1.2 Housing 41.0 23.4 17.6 Rent 6.5 6.7 -0.2 OER 24.0 12.1 11.8 Apparel 3.6 3.5 0.1 Transportation 16.9 9.7 7.2 Medical care 7.1 20.6 -13.5 Education and communication 6.8 4.9 1.9 Recreation 6.0 9.1 -3.1 Other goods and services 3.4 14.8 -11.4 100 100 Sources: Bureau of Economic Analysis, Bureau of Labor Statistics
Marketplace@Novation offers a variety of new online pharmacy supply analysis tools that: provide automatic daily alerts for products that exceed contract prices; flag new contract opportunities and validate savings based upon purchases; notify providers of price tier maximization opportunities; enable members to create real time, customized market baskets; proactively monitor failure-to-supply refunds; and instantly calculate additional expense to purchase a substitute product when products become back-ordered.
In Table 1, we show the terms for [micro](b,k,t) corresponding to the four possible market baskets. Notice that the structure the [micro](b,k,t) is identical to the terms of a log linear model containing main effects and two way interactions.
(5.) The USDA guideline includes four market baskets (thrifty, low-cost, moderate, and liberal food plan), corresponding to two- and four-person families.
To correct fully for upper-level substitution bias it would be necessary to know how market baskets change on a regular basis in order to capture the substitution among different items.