Q: "What is Price level in Economics?"
A: "In economics, price level refers to the buying power of money or inflation. In other words, economists describe the state of the economy by looking at how much people can buy with the same dollar of currency" (Wiki)
Inflation and Price Level Uncertainty Part 1
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Lenny Dendunnen is a past Hedge Fund manager and Wall Street operator. You can contact him directly at his email (in the article) at Guillotine Investments