Which of the following measures prices paid by producers and wholesalers for commodities, including raw materials and finished products?
A) wholesale cost index
B) producer price index
C) consumer price index
D) raw material price index

Question

Quizplus · Accepted Answer

The producer price index (PPI) measures the average change in the prices received by domestic producers for their output. It includes raw materials, intermediate goods, and finished goods.

Which of the Following Measures Prices Paid by Producers and Wholesalers