Which price measure is likely to reflect the most rapid price changes?
A)the GDP deflator
B)the GDP deflator.
C)the Dow Jones Industrial Average.
D)the Dow Jones Industrial Average
E)the consumer price index.
F)the consumer price index
G)the producer price index
H)the producer price index.

Question

Quizplus · Accepted Answer

The producer price index (PPI) measures the average change in prices received by domestic producers for their output. It is a measure of inflation at the wholesale level and is therefore likely to reflect the most rapid price changes.

Which Price Measure Is Likely to Reflect the Most Rapid