POSITIONAL GOOD: Defined

By Staff Reporters and AI

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Positional goods are goods and services that people value because of their limited supply, and because they convey a high relative standing within society.

CONSUMER GOODS: https://medicalexecutivepost.com/2020/02/05/selected-us-consumer-goods-services-and-wages/

Positional goods may include brand-name luxury handbags, a custom Jaguar automobile, or front-row tickets to the Super Bowl, etc.

CPI: https://medicalexecutivepost.com/2022/09/14/inflation-cpi-and-the-ppi/

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