NOUN
- an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time
How To Use price level In A Sentence
- There has been controversy over whether international trade affects domestic price level.
- The debt crisis in the eurozone is obviously a reason for many investors to critically question the price level of crude oil," said a report from Commerzbank. Falling crude oil prices could keep gasoline under $3
- In that case the rational expectation of the average price level must be P 2.
- It also bears out the bimetallist claim that the bimetallic price level should be more stable than the price level under a monometallism provided other things are reasonably equal and both precious metals are used for monetary purposes.
- The 115 residential units vary in size and in price level, ranging from about $750 to $1750 a month.
- The sellers of products or factor services do succeed in driving up the average price level.
- Under a gold standard, would the price level be indeterminate in a completely closed economy, where specie could not flow?
- The floating exchange rate would accelerate the rise in the price level.
- Willing blindness seems to prevail among farmers who refuse to understand the idiocy of pricing milk at wildly differing price levels.
- If money wages remain constant and price levels rise, real wages fall.
