The producer price index
A) is a measure of average prices received by producers.
B) fluctuates more than the GDP price index.
C) is also referred to as the wholesale price index.
D) is more volatile than the CPI.
E) is all of these.

Question

Quizplus · Accepted Answer

The producer price index (PPI) is a measure of average prices received by producers and is also referred to as the wholesale price index. It tends to fluctuate more than the GDP price index and is more volatile than the CPI. Therefore, all of the given statements are true.

The Producer Price Index