The Price Level Is

question 135

Multiple Choice

The price level is:

• A)the rate of inflation.
• B)a measure of overall prices at a particular point in time.
• C)the percentage change in a price index such as the CPI.
• D)the price of a specific good in comparison to the prices of other goods and services.The price level is a measure of overall prices at a particular point in time.

---

Definitions:

Highlighter

A marking tool used to emphasize sections of text with bright, translucent colors.

Science Textbook

A published material that provides a detailed exploration of scientific concepts, theories, and practices, aimed at education.

Important Terms

Key phrases or words that are significant within a particular context or subject matter.

Material

The substance or substances out of which a thing is or can be made.