The Index That Measures the Prices of Goods and Services

question 49

Multiple Choice

The index that measures the prices of goods and services purchased by firms is called the:

• A) producer price index.
• B) purchasing power index.
• C) consumer price index.
• D) retail sales index.

---

Definitions:

Trademark

A symbol, word, or phrase legally registered or established by use as representing a company or product.

Equity Method

An accounting technique used to record investments in other companies by recognizing the investor's share of the investee's profits or losses.

Voting Shares

Shares that give the shareholder the right to vote on company matters, such as electing the board of directors.

Sale

A transaction between two parties where the buyer receives goods, services, or assets in exchange for money.