price level The representation, through an index number, of the average prices paid for goods and services during a certain year. The index number represents a weighted average. Related Related Articles: Glossary: consumer price index (CPI)Why the Same $600 Stimulus Check Is Really DifferentWhy Starbucks Coffee Costs More in CaliforniaThe Fed’s Inflation MysteryThe Six Facts That We Need To Know About the Federal Reserve Ann Mills Share This Previous Articleopen corporation Next Articlerecession December 17, 2020
price level
