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| real price definitions | |||
|---|---|---|---|
| # | Definition | Sets | |
| 1 | dollar price of a good relative to the average dollar price of all other goods and services | 4 sets | |
| 2 | dollar price of a good relative to the average dollar price of all other goods and services. | 1 set | |
| 3 | price as adjusted for the effects of inflation [price changes over time]. | 1 set | |
| 4 | the price adjusted for inflation (cpinew/cpiold * the nominal price) | 1 set | |
| 5 | the dollar price of a good relative to the average dollar price of other goods | 1 set | |
| 6 | the dollar price relative to the average dollar price of all other goods and services, the opportunity cost of the goods | 1 set | |
| 7 | the dollar price of a good relative to the average dollar price of all other goods (the demand for a good falls when teh real price of a substitute falls or the real price of a complement rises) | 1 set | |
| 8 | dollar price of a good relative to the dollar price of all other goods | 1 set | |