Price line


 

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Price line

A straight line representing the combinations of variables, usually two goods, that cost the same at some given prices. The slope of a price line measures relative prices, and changes in prices can therefore be represented by changing the slope of, or rotating, a price line. A steeper line means a higher relative price of the good measured on the horizontal axis.



Similar Matches

Settlement price

Settlement price

A figure determined by the closing range that is used to calculate gains and losses in futures market accounts. Settlement prices are used to determine gains, losses, margin calls, and invoice prices for deliveries. Related: Closing range.


Implicit price deflator

Implicit price deflator

A broad measure of prices derived from separate estimates of real and nominal expenditures for GDP or a subcategory of GDP. Without qualification the term refers to the GDP deflator and is thus an index of prices for everything that a country produces, unlike the CPI, which is restricted to consumption and includes prices of imports.


Spot price

Spot price

The current market price of the actual physical commodity. Also called cash price. Current delivery price of a commodity traded in the spot market, in which goods are sold for cash and delivered immediately. Antithesis of futures price.


Equilibrium price

Equilibrium price

The price when the supply of goods matches demand.


Flat price (also clean price)

Flat price (also clean price)

The quoted newspaper price of a bond that does not include accrued interest. The price paid by the purchaser is the full price.


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average price
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Law of One Price
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Price elasticities
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Depressed price
Price discovery process
Factor Price Equalization Theorem
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Exchange Price Input Computer code


 
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