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Price Level (Noun)

Meaning

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

Classification

Nouns denoting communicative processes and contents.

Synonyms

  • Price Index

Hypernyms

  • Indicator
  • Indicant
  • Index

Hyponyms

  • Retail Price Index
  • Cost-of-living Index
  • Producer Price Index
  • Consumer Price Index
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