The producer price index measures the prices that firms
A)pay for imported natural resources that go into the production process.
B)receive for the goods and services they export.
C)receive for the goods and services they use at all stages of production.
D)pay for labor,whether or not the labor is foreign or domestic.

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 goods and services. This includes the prices received at all stages of production, from the raw materials used to produce goods to the prices of finished products. The PPI does not include prices paid for imports or labor.

The Producer Price Index Measures the Prices That Firms