price level
noun[C]
ukusECONOMICS
theaveragepriceof all thegoodsandservicesin acountryorareaover aparticularperiodoftime:
When thepricelevelrisesin aneconomy, theaveragepriceof allgoodsandservicessoldisincreasing.
单词 | price level |
释义 | price level noun[C] ukusECONOMICS theaveragepriceof all thegoodsandservicesin acountryorareaover aparticularperiodoftime: When thepricelevelrisesin aneconomy, theaveragepriceof allgoodsandservicessoldisincreasing. Examplesofprice levelprice level The quantity theory of money holds that changes inpricelevelare directly related to changes in the money supply. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Short-run fluctuations may also be related to monetary factors, but changes in aggregate demand and aggregate supply can also influencepricelevel. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Conversely, a constant volume of money tends ultimately to stabilize not only the generalpricelevel, but the relations within the price structure. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. As a result, thepricelevelwould go up. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This crowding out can occur because the initial increase in spending may cause an increase in interest rates or in thepricelevel. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. However, most economists today use the term inflation to refer to a rise in thepricelevel. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Thispricelevelis determined by cost-prices, profit margins, and sales turnover. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The real demand for money is defined as the nominal amount of money demanded divided by thepricelevel. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. By agreeing to bid only against outsiders, never against members of the ring, competition becomes weaker, which may dramatically affect the finalpricelevel. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This drives up wages and thus prices of many (non-traded) services, increasing the overallpricelevelof the economy. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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