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2. 2021–2023 inflation surge - Wikipedia

   en.wikipedia.org/wiki/2021–2023_inflation_surge

   2021–2023 inflation surge. Following the COVID-19 pandemic in 2020, a worldwide surge in inflation began in mid-2021 and lasted until mid-2022. Many countries saw their highest inflation rates in decades. It has been attributed to various causes, including pandemic-related economic dislocation, supply chain disruptions, the fiscal and ...

3. Price elasticity of demand - Wikipedia

   en.wikipedia.org/wiki/Price_elasticity_of_demand

   A good with an elasticity of −2 has elastic demand because quantity demanded falls twice as much as the price increase; an elasticity of −0.5 has inelastic demand because the change in quantity demanded change is half of the price increase. [2] At an elasticity of 0 consumption would not change at all, in spite of any price increases.

4. Discounts and allowances - Wikipedia

   en.wikipedia.org/wiki/Discounts_and_allowances

   Discounts and allowances are reductions to a basic price of goods or services.. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer ...

5. Inflation Reduction Act - Wikipedia

   en.wikipedia.org/wiki/Inflation_Reduction_Act

   The Inflation Reduction Act of 2022 (IRA) is a United States federal law which aims to reduce the federal government budget deficit, lower prescription drug prices, and invest in domestic energy production while promoting clean energy. It was passed by the 117th United States Congress and signed into law by President Joe Biden on August 16, 2022.

6. International sanctions during the Russian invasion of ...

   en.wikipedia.org/wiki/International_sanctions...

   Many nations such as India and China had been purchasing Russian oil at a discount set by Russia, and the current price increase triggered by a renewed OPEC cut and voluntary reduction of Russian crude production has been seen as a critical factor that could undermine the sanctions implemented by the E.U, the U.S. and other Western nations.

7. Black Friday (shopping) - Wikipedia

   en.wikipedia.org/wiki/Black_Friday_(shopping)

   Thanksgiving, Small Business Saturday, Cyber Monday, Giving Tuesday, Christmas, Buy Nothing Day. Black Friday is the Friday after Thanksgiving in the United States. It traditionally marks the start of the Christmas shopping season in the United States. Many stores offer highly promoted sales at discounted prices and often open early, sometimes ...

8. Retail Price Index - Wikipedia

   en.wikipedia.org/wiki/Retail_Price_Index

   In the United Kingdom, the Retail Prices Index or Retail Price Index[1] (RPI) is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services. As the RPI was held not to meet international statistical standards, since 2013, the Office ...

9. Elle Macpherson reveals breast cancer diagnosis, why she ...

   www.aol.com/news/elle-macpherson-reveals-breast...

   Edward Berthelot. Elle Macpherson has revealed she’s a breast cancer survivor, a diagnosis she kept secret for seven years. The supermodel says she was diagnosed with HER2-positive estrogen ...