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单词 price relative
释义

price relative

noun
The ratio of the price of something at one time to its price at another.A price relative of less than 1 indicates that the price level has fallen....
  • A price relative of 1 indicates that the price level has not changed.
  • To re-calculate the expenditure on fruit and on vegetables at 2002 prices we divide the expenditure totals for 2003 by the price relatives.
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更新时间:2025/1/24 6:41:15