Economics B A-Level
Price indices
What Price indices means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Price indices
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Reference: Pearson Edexcel
Measures such as the CPI and RPI that measure changes in the general price level using a weighted basket of goods reflecting typical household spending.
Topics that use Price indices
- Inflation (Pearson Edexcel A-Level)
Related terms
- Business uncertainty
- Cost-push inflation
- Deflation
- Demand-pull inflation
- Disinflation
- Inflation
- Investment
- Nominal values
Using Price indices in the exam
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