What is the broadest measure of the price level which includes all final goods and services?
A)producer price index
B)consumer price index
C)wholesale price index
D)GDP deflator

Question

Quizplus · Accepted Answer

The GDP deflator is a measure of the price level that takes into account all final goods and services produced within a country's borders, including those sold to consumers, businesses, and the government. It is a broad measure of price level changes and is frequently used to measure inflation. The other indices listed (producer price index, consumer price index, wholesale price index) do not necessarily encompass all final goods and services.

What Is the Broadest Measure of the Price Level Which