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
- Cameron said "the difficult technical thing for the Bank is to work out what is actually a trend rise in inflation and what is a one-off increase in the price level because of something that's happening extraneously". David Cameron voices fears over rising inflation ahead of jobs summit
- The price level - in the longer run - equates the demand for money to the supply.
- If money wages remain constant and price levels rise,[Sentencedict] real wages fall.
- Such a tendency is also revealed in Figure 1, where the yen became stronger against the dollar over the period, while the price level in the U.S. rose in relation to the The Prize in Economics 2003 - Information for the Public
- Of course, having a Sam's Club, Costco, and a Wal-Mart Supercenter within about five miles of our house is a good price leveler. Cuernavaca
- A spike in gold is one thing, a sustained price level reflecting a decline in the dollar may seem like low hanging fiscal fruit for the tax man. $3,000 gold for a sustained period could bring the label hoarder thrown at the gold owner. SeekingAlpha.com: Home Page
- Low-end dishwashers still have a limited cleaning ability, but at the mid-price level and up, dishwashers remove food, wash, rinse and dry.
- The construction of price indices is an attempt at the impossible mission of establishing a nonexistent price level.
- This derivation can be made more complex and realistic if the price level affects other variables.
- The economies of traditional fuels like RME and ethanol from starch and sugar cropsin moderate climate zones are poor and unlikely to reach competitive price levels. Chapter 9