answersLogoWhite

0


Best Answer

Price level

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the absolute level of a price index?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

An index of average level of prices for all goods and services in the economy is the?

producer price index-e2020


What is customer price index?

Perhaps you mean CONSUMER price index, which is a tool to measure changes in the price level of consumer goods and services purchased by households in a given country.


How is inflation measured in Ghana?

is measured by using the consumer price index which measures the change in price level


What happens if the producer price index goes up?

When the Producer Price Index (PPI) goes up, prices rises. The PPI does not represent prices at the consumer level.


What is refractive index of kerosene?

The absolute refractive index of kerosene is 1.39 .


A measurement that shows how the average price of a standard group of goods changes over time is referred to as the .?

Price Index


What must be true for a fossil organism to be useful as a index fossil?

The absolute age of the index fossil was determine by radioactive dating or another absolute method


What is customized pricing?

Perhaps you mean CONSUMER price index, which is a tool to measure changes in the price level of consumer goods and services purchased by households in a given country.


What index measures price changes received by domestic producers for their output?

producer price index


How do you measure the change in value of money?

Price indices are used to measure the general price level change in an economy. Price levels are calculated periodically using a price index and compared with previous years. The price index usually contains select goods and services that affect consumer spending, these include food and drink, household goods and services, clothing, etc.


If the price index in period 3 is 125 and the price index in period 4 is 140 the rate of inflation between period 3 and 4 is?

Final price index = 140 Initial price index = 125 Therefore, difference in price index between period 3 and 4 is : 140 - 125 = 15 Lastly, 15/125 * 100 = 12%


What indicator does the government use to measure inflation?

Consumer Price Index (CPI)