price level vs cost-of-living index
cost-of-living index vs price levelprice level and cost-of-living index both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| price level | Yes | No | No | No |
| cost-of-living index | Yes | No | No | No |
As nouns,
cost-of-living index is a hyponym of
price level; that is, cost-of-living index is a
word with a more specific, narrower meaning than
price level:
- price level: an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time
- cost-of-living index: an index of the cost of all goods and services to a typical consumer
Other hyponyms of price level include
retail price index, producer price index, wholesale price index, consumer price index, CPI.
| price level (noun) | cost-of-living index (noun) |
|---|---|
| an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time | an index of the cost of all goods and services to a typical consumer |
Words related to "price level"
Words related to "cost-of-living index"
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