Examlex
Evolutionary developmental psychology
Price Level
The mean of present prices for all goods and services produced within an economy, typically gauged by a price index.
Exchange Rate
the value of one currency for the purpose of conversion to another, showing how much of one currency can be exchanged for a unit of another currency.
Velocity of Money
The rate at which money circulates in the economy, indicating the number of times a unit of currency is used to purchase goods and services within a given timeframe.
Inflation Rate
The rate of increase in the average price of goods and services, leading to a decrease in the value of money.
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