The Producer Price Index (PPI) Is a

question 333

Multiple Choice

The Producer Price Index (PPI) is a

• A) statistical measure of a weighted average of prices of a specific set of goods and services purchased by wage earners in urban areas.
• B) statistical measure of a weighted average of prices of commodities that firms produce and sell.
• C) price index measuring the changes in prices of all new goods and services produced in the economy.
• D) price index that tracks the price levee of commodities that firms purchase from other firms.

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