Exam (elaborations)
Economics Edexcel A Level Paper 1 Definitions with 100% correct answers
- Course
- A level economics edexcel
- Institution
- California Southern University
Price Level The average of the prices of all goods and services within the economy. Other names for Price Level 'General Price Level' and 'Average Price Level' Inflation A sustained INCREASE in the price level. This means that prices for a range of goods and services are RISING, wh...
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