general price level in a sentence
Examples
- If the inflation rate is not very high to start with, disinflation can lead to deflation decreases in the general price level of goods and services.
- Oil prices have been falling, health insurance premiums have risen less rapidly than the general price level and the strong dollar has reduced the cost of imports.
- Soon the big threat is from a decline in the general price level _ deflation _ a phenomenon the United States has not experienced since the 1930s.
- Violent changes in the volume of money affect not only the general price level, but also the relationship of prices to each other within the price structure.
- During the period of gold standard, he concluded that interest rates were correlated to the general price level, and not the rate of change in the prices.
- Furthermore, some economists argue that a falling general price level is not inherently harmful to an economy and cite the economic growth of the period as evidence.
- But one factor that will continue to complicate that task is the increasing difficulty of pinning down the notion of what constitutes a stable general price level.
- As the Industrial Revolution unfolded, the United States General Price Level, that day's version of the Consumer Price Index, fell 1 . 3 percent a year, on average.
- "Accelerating wage growth and the potential follow-through to the general price level is an issue on the minds of the Federal Open Market Committee members, " she said.
- Since reductions in general price level are called deflation, a deflationary spiral occurs when reductions in price lead to a vicious circle, where a problem exacerbates its own cause.