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Economics | | Spanish term or phrase: ocasionó presiones en el nivel de precios | El crecimiento de la demanda interna ocasionó presiones en el nivel de precios, que se vieron reflejadas en tasas de inflación que llegaron a estar muy por encima de la meta del Banco Central.
I'm not familiar with economics. Can someone please tell me whether the growth in domestic demand caused prices to go up or down as I'm not sure which it is! I think it means prices went up but am not sure....
Thanks! |
| TAFKudoZ activityQuestions: 304 ( 1 open) ( 2 without valid answers) ( 8 closed without grading) Answers: 27
| Local time: 14:17
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| | English translation:brought upward pressure to bear on the price level | Explanation:
Or simply 'on prices' would also work. The central idea is that an increase in demand, all else being equal, causes prices to rise.
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Note added at 6 mins (2011-12-09 00:35:01 GMT)
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So you were on the right track :-)
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Note added at 16 mins (2011-12-09 00:44:57 GMT)
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Note on 'prices' versus 'price level': if your text is intended for an academic readership, my suggestion would be that 'price level' is fine (it is often represented by a point on a graph). Otherwise, to the rest of us, 'prices' may just be that little bit easier to read. |
| Selected response from:
  William A McNab
New Zealand
| Grading comment Thanks very much for your help!
4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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12 mins confidence:  
5 mins confidence: peer agreement (net): +4 brought upward pressure to bear on the price level
Explanation:
Or simply 'on prices' would also work. The central idea is that an increase in demand, all else being equal, causes prices to rise.
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Note added at 6 mins (2011-12-09 00:35:01 GMT)
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So you were on the right track :-)
--------------------------------------------------
Note added at 16 mins (2011-12-09 00:44:57 GMT)
--------------------------------------------------
Note on 'prices' versus 'price level': if your text is intended for an academic readership, my suggestion would be that 'price level' is fine (it is often represented by a point on a graph). Otherwise, to the rest of us, 'prices' may just be that little bit easier to read.
| William A McNab
New Zealand
Specializes in field
Native speaker of:  English
PRO pts in category: 8
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| | Grading comment | Thanks very much for your help! |
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The translation workplace 
