_____ measures the change over time in weighted-average wholesale prices, or the prices that businesses pay each other for goods and services.
A)Consumer price index (CPI)
B)House price index
C)Producer price index (PPI)
D)Gross domestic product index

Question

Quizplus · Accepted Answer

The Producer Price Index (PPI) measures the change over time in weighted-average wholesale prices, or the prices that businesses pay each other for goods and services. The Consumer Price Index (CPI) measures the change over time in prices paid by consumers for goods and services, while the House Price Index measures changes in the prices of residential properties. The Gross Domestic Product (GDP) Index measures economic activity and production within a country.

_____ Measures the Change Over Time in Weighted-Average Wholesale Prices