1. As the aggregate demand curve is shifted outward, the general price level increases. 2. The general price level was up only 1.6 percent, thanks to declining energy costs and the recession. 3. He was primarily concerned with the behavior of the general price level , as influenced by interest rates. 4. This has helped colleges and universities enjoy seemingly unlimited demand despite cost escalation that outpaced the general price level . 5. "The general price level looks very stable, and has been looking like that for some htime, " he said. 6. The general price level was up only 1 . 6 percent, thanks to declining energy costs and the recession. 7. "The general price level looks very stable, and has been looking like that for some time, " he said. 8. The consensus call is for a rise of 0.3 percent in the general price level as measured by the index. 9. Under such conditions, the general price level within an economy increases rapidly as the official currency quickly loses real value. 10. For particularly broad indices, the index can be said to measure the economy's general price level or a cost of living.