In the Survey of Buying Power, EBI stands for:
A) Exclusive Buying Index (for higher priced goods)
B) Electronic Buying Index (for electronic goods and services)
C) Essential Buying Income
D) Effective Buying Income
E) Electronic Business Index

Question

Quizplus · Accepted Answer

EBI stands for Effective Buying Income, which is the amount of money a household has available to spend after taxes and other necessary expenses are taken out. The Survey of Buying Power uses EBI as one of its main variables to measure the purchasing power of different regions and demographic groups.

In the Survey of Buying Power, EBI Stands For