affect the price level

USAGE SUMMARY

The phrase "affect the price level" is correct and usable in written English.
It can be used in discussions about economics, finance, or market dynamics to describe how certain factors influence the overall price of goods and services. Example: "Changes in supply and demand can significantly affect the price level in the market."

✓ Grammatically correct

Economics

Finance

Market Dynamics

Human-verified examples from authoritative sources

Exact Expressions

3 human-written examples

And second, how do changes in the stock of money affect the price level and other nominal values?

Encyclopedia Britannica

Internalization effects stem from the realization among unions in more centralized bargaining regimes that their wage increases will affect the price level that their members face, as well as unfavorable unemployment development and a loss in competitiveness.

IZA Journal of Labor Policy

Due to Sweden's commitment to an environmental friendly policy it is unlikely that any of these would be allowed to affect the price level to the extent that consumers would totally abandon the E85 and choose only gasoline in the future.

European Transport Research Review

Human-verified similar examples from authoritative sources

Similar Expressions

57 human-written examples

And whereas Milton believed that changes in the money supply affect only the price level over the long term, he recognized that over the short-term changes in the money supply can produce dramatic effects in the real economy.

Forbes

So a woman's accomplishments and level of education affect the price of the belis?

Vice

There are four variables that affect the price of the order: the discipline, the length of the paper, the urgency and the academic level.

International Journal for Educational Integrity

"Will her name affect the price?

Independent

Here again, design can affect the price.

The New York Times

Q : Will the spill affect the price of gasoline?

The New York Times - Science

This will affect the price.

WikiHow

Factors like the rug size and quality affect the price.

WikiHow

Expert writing Tips

Best practice

When discussing macroeconomic factors, use "affect the price level" to refer to broad changes influencing the overall cost of goods and services. For microeconomic discussions, be specific about which prices are being affected.

Common error

Avoid using "affect the price level" when referring to specific price changes of individual goods or services. Instead, specify the product or sector whose pricing is being discussed.

Linguistic Context

The phrase "affect the price level" functions as a verb phrase, indicating the action of influencing the general level of prices in an economy. Ludwig AI indicates the phrase is correct and usable in English.

Expression frequency: Uncommon

Frequent in

News & Media

33%

Encyclopedias

33%

Science

33%

Less common in

Wiki

0%

Formal & Business

0%

Academia

0%

Ludwig's WRAP-UP

The phrase "affect the price level" is a grammatically sound way to describe how various factors influence the overall cost of goods and services in an economy. Ludwig AI confirms its usability in English. While alternatives like "influence", "impact", or "determine the price level" can be used, the original phrase is commonly understood and applicable across various contexts, particularly in economics and finance. While the phrase can be found in encyclopedias, news sources and scientific publications, it's important to avoid overgeneralization by being specific when discussing price changes of individual items.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

influence the price level

Replaces "affect" with "influence", suggesting a more subtle or indirect impact.

impact the price level

Substitutes "affect" with "impact", indicating a stronger or more direct effect.

determine the price level

Replaces "affect" with "determine", implying a decisive role in setting the price level.

drive the price level

Substitutes "affect" with "drive", suggesting a forceful or causative influence.

shape the price level

Replaces "affect" with "shape", indicating an influence on the structure or form of the price level.

modify the price level

Substitutes "affect" with "modify", implying an alteration or adjustment to the price level.

alter the price level

Replaces "affect" with "alter", suggesting a change or transformation of the price level.

have an effect on the price level

Rephrases to include "have an effect", making the statement more descriptive.

exert influence on the price level

Uses a more formal tone, replacing "affect" with "exert influence".

play a role in the price level

Suggests the factor is one of many influencing the price level.

FAQs

How can I use "affect the price level" in a sentence?

You can use "affect the price level" to describe how various factors influence the general cost of goods and services in an economy. For example, "Changes in interest rates can significantly "affect the price level"".

What's a simple way to explain what it means to "affect the price level"?

To ""affect the price level"" means to have an impact on whether prices, on average, are generally rising, falling, or staying the same. It's about the overall trend in prices across the economy.

What can I say instead of "affect the price level"?

You can use alternatives like "influence the price level", "impact the price level", or "determine the price level" depending on the context and the strength of the effect you want to convey.

How does inflation relate to "affect the price level"?

Inflation, which is a general increase in prices, is directly related to ""affect the price level"". Policies or events that lead to higher inflation are said to "affect the price level" by causing it to rise.