The price index that measures changes in the prices of goods that businesses buy for further processing or sale to customers is the:
A) Retail Price Index.
B) Input Price Index.
C) Business Price Index.
D) Producer Price Index.

Question

Quizplus · Accepted Answer

The Producer Price Index (PPI) measures the average change over time in the selling prices received by domestic producers for their output, which includes goods for further processing or sale to customers.

The Price Index That Measures Changes in the Prices of Goods