Which of the following indexes is not stated as a percentage of some base-period value?
A) Consumer Price Index
B) Producer Price Index
C) Dow Jones Industrial Average
D) Index of Industrial Production

Question

Which of the following indexes is not stated as a percentage of some base-period value?​
A) ​Consumer Price Index
B) ​Producer Price Index
C) ​Dow Jones Industrial Average
D) ​Index of Industrial Production

Quizplus · Accepted Answer

The Dow Jones Industrial Average is not stated as a percentage of some base-period value, but rather is the sum of the prices of the 30 stocks it tracks divided by a divisor to adjust for certain corporate actions. The other three indexes listed are all stated as a percentage of a base-period value.

Which of the Following Indexes Is Not Stated as a Percentage