Let me tell you what some other people say, though: 1  The EWGâs Skin Deep Database lists it as a 5-6 (or moderate hazard), but trying to find the studies they used for their rating proved difficult, and the ones I did find were the nebulous âborax or boric acidâ test studies.
1 This is so because, my nominal wages have increased by 10% while the average price level (CPI) has increased by only 5%. 2  Thus today (in 2010) with my higher nominal wage ($1100.00) I can buy more than I could buy last year.
Significance. General level of prices for goods and services in an economy. If all prices stay fixed for a while, the price level is unchanged, too. When inflation takes place, the price level arises.Computation. If in an economy were only one good, the price level would be directly the price of that good.ignificance. General level of prices for goods and services in an economy. If all prices stay fixed for a while, the price level is unchanged, too. When inflation takes place, the price level arises.