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price relative
(redirected from price relatives)

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price relative [¦prīs ′rel·ə·tiv]
(statistics)
The ratio of the price of certain goods in a specified period to the price of the same goods in the base period.


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Hypothetical Comparison of Quality Adjusted Price Relatives Price SPEC Integer/ floating point rating New microprocessor $220 14.
Calculation of economic rents and economic rent price relatives using the normalized rents (1 above) and the adjustments mentioned in 3, 4, 5, and 6 above.
The effect of the functional form on the calculation of the price relatives at the elementary aggregate level, the area in which substitution is most likely to be observed, is discussed by Brent Moulton on pages 13-24, this issue.
 
 
 
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