Which of the Following Is NOT a Price Index Often

question 107

Multiple Choice

Which of the following is NOT a price index often used to measure inflation?

• A) consumer price index
• B) producer price index
• C) net price index
• D) GDP deflator

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Definitions:

Intergenerational Mobility

The changes in social status that occur from one generation to the next within a family or kinship group, often measured in terms of income or educational achievement.

Intragenerational Mobility

Intragenerational mobility refers to the changes in social status that occur within a person's lifetime, highlighting how individuals can move up or down the social hierarchy through their own efforts or circumstances.

Classism

An ideology that suggests that people’s relative worth is at least partly determined by their social and economic status.

Social Stratification

The hierarchical arrangement of individuals in a society into different classes, castes, or social groups based on factors like wealth, income, race, education, and power.