Definition of Price level

1. Noun. An index that traces the relative changes in the price of an individual good (or a market basket of goods) over time.


Definition of Price level

1. Noun. (economics) An index of the average market price of selected goods weighted according to certain criteria. ¹

¹ Source: wiktionary.com

Lexicographical Neighbors of Price Level

price-to-earnings ratio
price bracket
price competition
price control
price cut
price cutting
price fixing
price floor
price freeze
price gouging
price in
price increase
price index
price indices
price is right
price level (current term)
price list
price lists
price of admission
price of tea in China
price on one's head
price out of the market
price point
price reduction
price stability
price support
price tag
price tags
price up
price war

Literary usage of Price level

Below you will find example usage of this term as found in modern and/or classical literature:

1. America's Great Depression by Murray Newton Rothbard (2000)
"6 Theory and Inflation: Economists and the Lure of a Stable price level One of the reasons that most economists of the 1920s did not recognize the existence ..."

2. The Value of Money by Benjamin McAlester Anderson (1917)
"in one community can, in the long run, affect the money in that community, it is true that the price-level in one community may affect the money in another ..."

3. Principles of Economics: With Special Reference to American Conditions by Edwin Robert Anderson Seligman (1914)
"The price level The level of prices may be affected by impulses starting from the side of ... The price level in China differs from that in America. ..."

4. A History of Commerce by Clive Day (1914)
"Rise in the price level since 1896. It is not easy for those who live in the midst of currents of change to estimate accurately the force and direction of ..."

5. A History of Commerce by Clive Day (1914)
"Rise in the price level since 1896. It is not easy for those who live in the midst of currents of change to estimate accurately the force and direction of ..."

6. Principles of Economics: With Special Reference to American Conditions by Edwin Robert Anderson Seligman (1905)
"Commodities and the price level. The level of prices may be affected by impulses starting from ... The price level in China differs from that in America. ..."

7. Science of Statistics by Richmond Mayo-Smith (1899)
"Any considerable change in price-level is apt to bring about dislocation of ... Causes of Changes in the Price-Level. We have discussed the method of ..."

8. America's Great Depression by Murray Newton Rothbard (2000)
"6 Theory and Inflation: Economists and the Lure of a Stable price level One of the reasons that most economists of the 1920s did not recognize the existence ..."

9. The Value of Money by Benjamin McAlester Anderson (1917)
"in one community can, in the long run, affect the money in that community, it is true that the price-level in one community may affect the money in another ..."

10. Principles of Economics: With Special Reference to American Conditions by Edwin Robert Anderson Seligman (1914)
"The price level The level of prices may be affected by impulses starting from the side of ... The price level in China differs from that in America. ..."

11. A History of Commerce by Clive Day (1914)
"Rise in the price level since 1896. It is not easy for those who live in the midst of currents of change to estimate accurately the force and direction of ..."

12. A History of Commerce by Clive Day (1914)
"Rise in the price level since 1896. It is not easy for those who live in the midst of currents of change to estimate accurately the force and direction of ..."

13. Principles of Economics: With Special Reference to American Conditions by Edwin Robert Anderson Seligman (1905)
"Commodities and the price level. The level of prices may be affected by impulses starting from ... The price level in China differs from that in America. ..."

14. Science of Statistics by Richmond Mayo-Smith (1899)
"Any considerable change in price-level is apt to bring about dislocation of ... Causes of Changes in the Price-Level. We have discussed the method of ..."

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