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词汇 price-level
释义 price level
noun[ C ]
ukus
ECONOMICS
the average price of all the goods and services in a country or area over a particular period of time:
When the price level rises in an economy, the average price of all goods and services sold is increasing.

Examples of price level


price level
The quantity theory of money holds that changes in pricelevel are directly related to changes in the money supply.
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Short-run fluctuations may also be related to monetary factors, but changes in aggregate demand and aggregate supply can also influence pricelevel.
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Conversely, a constant volume of money tends ultimately to stabilize not only the general pricelevel, but the relations within the price structure.
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As a result, the pricelevel would go up.
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This crowding out can occur because the initial increase in spending may cause an increase in interest rates or in the pricelevel.
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However, most economists today use the term inflation to refer to a rise in the pricelevel.
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This pricelevel is determined by cost-prices, profit margins, and sales turnover.
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The real demand for money is defined as the nominal amount of money demanded divided by the pricelevel.
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By agreeing to bid only against outsiders, never against members of the ring, competition becomes weaker, which may dramatically affect the final pricelevel.
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This drives up wages and thus prices of many (non-traded) services, increasing the overall pricelevel of the economy.
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Wikipedia

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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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