The Measure Used to Report Price Changes at the Wholesale

question 129

Multiple Choice

The measure used to report price changes at the wholesale level is the:

• A) gross domestic product (GDP).
• B) consumer price index (CPI).
• C) wholesale price index (WPI).
• D) producer price index (PPI).

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Definitions:

Coupon Bond

A type of bond that pays the holder a fixed interest payment (coupon) at regular intervals until the maturity date, when the principal amount is repaid.

Maturity

The expiration date of a financial instrument, at which point the principal (and all remaining interest) is due to be paid.

Coupon Rate

The annual interest rate paid by bond issuers on the bond's face value.

Duration

A financial metric that indicates the sensitivity of a bond's price to changes in interest rates, commonly measured in years.