Two further indicators of the general level of prices are the GDP deflator and the consumer price index.
The price level is determined by averaging the current prices for all the goods and services produced in an economy. Price level refers to the cost or price of a good, service, or security in the market.
Price level indicators track changes over time and indicate the overall level of pricing for goods and services in an economy.
is the three main price level indicators that economists and policymakers frequently cite (PPI).
Therefore, the aforementioned are some of the usual indicators of price level changes.
Learn more about price level change:
https://brainly.com/question/15083750
#SPJ1
