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# Temporary Price of Corn

## Definition

The price of grain in any particular year, which Smith shows can fluctuate significantly from the average price due to temporary variations in supply and demand.

## Source Chapter

Book I, Chapter 5

## Context

Smith contrasts temporary with average prices to explain how short-term price fluctuations can be much larger than long-term trends, affecting the real value of different types of payments.

## Economic Domain

Exchange

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