A good that is most likely to be in the producer price index is:

Question

Quizplus · Accepted Answer

The producer price index (PPI) measures the average change over time in the prices received by domestic producers for their goods and services. Industrial machinery is a good that is typically produced and sold by domestic producers, making it a likely candidate to be included in the PPI. SUVs are also produced by domestic producers, but they may be classified as consumer goods rather than producer goods. Spaghetti is a food item and may not be considered a producer good. Therefore, only A is the best choice.

A Good That Is Most Likely to Be in the Producer