GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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16:49 Sep 14, 2018 |
English to Persian (Farsi) translations [PRO] Economics / other | |||||
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| Selected response from: Zahra Mazaheri | ||||
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Summary of answers provided | ||||
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5 +1 | سطح کلی قیمت |
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5 | سطح هزینه مجموع |
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سطح هزینه مجموع Explanation: . |
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سطح کلی قیمت Explanation: The aggregate price level is a measure of the overall level of prices in the economy. To measure the aggregate price level, economists calculate the cost of purchasing a market basket. A price index is the ratio of the current cost of that market basket to the cost in a base year, multiplied by 100. |
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