The index that is not based on a fixed market basket of goods and services is the
A)CPI.
B)PPI.
C)Wholesale Price Index.
D)GDP Price Deflator.

Question

Quizplus · Accepted Answer

The GDP Price Deflator is not based on a fixed market basket of goods and services because it measures the price changes of all goods and services produced within a country's borders, including those that are not included in the CPI or PPI.

The Index That Is Not Based on a Fixed Market