单词 | price relative |
释义 | > as lemmasprice relative price relative n. the ratio of the price of an item at one time to its price at another; a price index for a given item. ΚΠ 1921 Q. Publ. Amer. Statist. Assoc. 17 910 The compilers..made use of weighted price relatives, but these price relatives were weighted by constants representing the estimated money values of each commodity in the base year or period. 1953 S. Hays Outl. Statistics (ed. 4) xii. 126 The ‘price relative’ is the ratio of the price at one period to the price at another. 2002 C. D. MacKie & C. L. Schultze At What Price? ii. 75 The Laspeyres averages these price relatives, each weighted according to the good's importance in the base period. < as lemmas |
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