Which Price Index Measures Prices of Intermediate and Final Goods

question 15

Multiple Choice

Which price index measures prices of intermediate and final goods?

• A) Consumer Price Index (CPI)
• B) Producer Price Index (PPI)
• C) GDP inflator
• D) GDP deflator

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Definitions:

Soft-Drink Vending Machine

A machine that dispenses cold beverages, such as sodas and juices, usually upon insertion of a coin or token.

Schedule

A plan that gives expected times for different things to happen.

Fixed Interval

In the context of reinforcement, it refers to a schedule where rewards are delivered at consistent time intervals after a desired behavior is performed.

Hour

A unit of time equivalent to 60 minutes or 1/24th of a day.