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词汇 price relative
释义

Definition of price relative in English:

price relative

noun
  • The ratio of the price of something at one time to its price at another.

    价比(某物某时的价格与另一时价格的比率)

    Example sentencesExamples
    • A price relative of less than 1 indicates that the price level has fallen.
    • To re-calculate the expenditure on fruit and on vegetables at 2002 prices we divide the expenditure totals for 2003 by the price relatives.
    • A price relative of 1 indicates that the price level has not changed.
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