Commodity Bundle


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Commodity Bundle

One unit of the collection of the complete set of goods produced and sold in the world market.
References in periodicals archive ?
In defense economics, defining the nature of the commodity bundles is, at first, a more difficult problem.
3) They assume that the commodity bundle includes all goods traded in the market, so the commodity own rate is the relevant real interest rate.
Second, the new methodology did not consider the possibility of changes in consumer preferences, which means that the commodity bundle of 1973-74 does not now capture the current pattern of consumption in India.
Yet, in practice, the World Bank's 'dollar-a-day' international poverty line preserves invariance in the space of real incomes, while India's official poverty lines preserve invariance in the space of commodity bundles.
Assisted by Mellanox InfiniBand, the Teradata appliance offers up to 19 times better data throughput and performs analytics up to 35 times faster than typical off-the-shelf commodity bundles.
the commodity bundles they select will imply different commodity prices.