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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.
Generic synonyms: Index, Index Number, Indicant, Indicator
Specialized synonyms: Retail Price Index, Producer Price Index, Wholesale Price Index, Consumer Price Index, Cost-of-living Index, Cpi
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
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 ..."