An index that traces the relative changes in the price of an individual good (or a market basket of goods) over time. Synonym: price index.
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"Price level" Quotes from Famous Books — The Evolution of Modern Capitalism - A Study of Machine Production • John Atkinson Hobson |
Words linked to "Price level" : CPI, consumer price index, indicator, index, indicant, retail price index, index number, cost-of-living index, wholesale price index, producer price index |
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