base year price

简明释义

基年价格

英英释义

例句

1.When analyzing economic growth, it is essential to adjust current prices to the base year price for accurate comparisons.

在分析经济增长时，将当前价格调整为基年价格以进行准确比较是至关重要的。

2.The base year price helps economists understand how much prices have changed over time.

基年价格帮助经济学家理解价格随时间变化的幅度。

3.A significant increase in the base year price can indicate a rise in overall economic activity.

基年价格的显著增长可能表明整体经济活动的上升。

4.The report indicates that the inflation rate is calculated based on the base year price, which is the price level in a specific year used for comparison.

报告指出，通货膨胀率是基于基年价格计算的，即用于比较的特定年份的价格水平。

5.To calculate real GDP, we need to convert nominal GDP into base year price terms.

要计算实际GDP，我们需要将名义GDP转换为基年价格的术语。

作文

In the field of economics, understanding various terms is crucial for comprehending market trends and making informed decisions. One such important term is base year price, which refers to the price level of goods and services in a specific base year used for comparison with other years. This concept is essential in calculating inflation rates and analyzing economic growth over time. By establishing a base year price, economists can assess how the purchasing power of money changes and how prices fluctuate in relation to that base year.To illustrate, let's consider a hypothetical scenario where the base year is set as 2010. If the price of a basket of goods in 2010 is $100, this amount serves as the base year price. In subsequent years, economists will compare the cost of the same basket of goods to the base year price. For instance, if the price rises to $120 in 2020, it indicates a 20% increase in prices since the base year. This analysis helps policymakers and businesses understand inflationary trends and make necessary adjustments in their strategies.The significance of the base year price extends beyond mere calculations; it also provides a framework for economic analysis. For example, when evaluating the performance of an economy, analysts often look at the real GDP, which adjusts for inflation by considering the base year price. This adjustment allows for a more accurate representation of economic growth, as it removes the effects of price changes over time. Without this adjustment, one might mistakenly conclude that an economy is growing simply because nominal GDP figures are rising, when in reality, the increase could be attributed entirely to inflation.Moreover, the choice of the base year can significantly impact economic assessments. A base year that reflects a period of economic stability and normal price levels is preferable for accurate comparisons. If the base year coincides with an economic crisis or a period of hyperinflation, the resulting analyses could lead to misleading conclusions. Therefore, selecting an appropriate base year price is crucial for reliable economic forecasting and analysis.In addition to its role in economic analysis, the concept of base year price is also relevant in financial markets. Investors often use historical price data to evaluate stock performance over time. By adjusting past stock prices to reflect the base year price, investors can gain insights into the true growth or decline of a company's value. This practice aids in making informed investment decisions based on historical performance rather than nominal values that may be skewed by inflation.In conclusion, the term base year price is fundamental in the realm of economics and finance. It serves as a reference point for analyzing price changes, calculating inflation, and assessing economic growth. Understanding this concept is vital for economists, policymakers, and investors alike, as it provides clarity and context in a world where prices are constantly changing. By recognizing the significance of the base year price, individuals can better navigate the complexities of economic data and make more informed decisions in their respective fields.

在经济学领域，理解各种术语对理解市场趋势和做出明智决策至关重要。其中一个重要术语是基期价格，它指的是用于与其他年份进行比较的特定基年内商品和服务的价格水平。这个概念在计算通货膨胀率和分析经济增长时非常重要。通过建立基期价格，经济学家可以评估货币购买力如何变化以及价格相对于该基年的波动情况。为了说明这一点，假设基年设定为2010年。如果2010年一篮子商品的价格为100美元，那么这个金额就作为基期价格。在随后的几年中，经济学家将比较同一篮子商品的成本与基期价格。例如，如果到2020年价格上涨到120美元，这表明自基年以来价格上涨了20%。这种分析帮助政策制定者和企业理解通货膨胀趋势，并在必要时调整其战略。基期价格的重要性不仅限于简单的计算；它还为经济分析提供了框架。例如，在评估经济表现时，分析师通常会查看实际GDP，它通过考虑基期价格来调整通货膨胀。这种调整允许更准确地表示经济增长，因为它消除了价格变化的影响。如果没有这种调整，人们可能会错误地得出结论，认为经济正在增长，仅仅因为名义GDP数据在上升，而实际上，这一增长可能完全归因于通货膨胀。此外，基年的选择会显著影响经济评估。选择反映经济稳定和正常价格水平的基年更有利于进行准确的比较。如果基年恰逢经济危机或恶性通货膨胀时期，所得到的分析可能会导致误导性的结论。因此，选择合适的基期价格对于可靠的经济预测和分析至关重要。除了在经济分析中的作用外，基期价格的概念在金融市场中也相关。投资者通常利用历史价格数据来评估股票的表现。通过调整过去的股票价格以反映基期价格，投资者可以深入了解公司的真实增长或下降。这种做法有助于根据历史表现而非可能因通货膨胀而扭曲的名义值做出明智的投资决策。总之，基期价格这一术语在经济学和金融领域中是基础性的。它作为分析价格变化、计算通货膨胀和评估经济增长的参考点。理解这一概念对于经济学家、政策制定者和投资者来说至关重要，因为它在价格不断变化的世界中提供了清晰的背景。通过认识到基期价格的重要性，个人可以更好地应对经济数据的复杂性，并在各自领域做出更明智的决策。