One of the mysteries of the English language finally explained.
The ratio of the price of something at one time to its price at another.
- ‘A price relative of less than 1 indicates that the price level has fallen.’
- ‘To re-calculate the expenditure on fruit and on vegetables at 2002 prices we divide the expenditure totals for 2003 by the price relatives.’
- ‘A price relative of 1 indicates that the price level has not changed.’
Top tips for CV writingRead more
In this article we explore how to impress employers with a spot-on CV.