What Does the Producer Price Index (PPI)measure

question 106

Multiple Choice

What does the producer price index (PPI) measure?

• A)The average change in the prices paid for all goods produced in the economy over a given year.
• B)The average of the prices received by producers of goods and services at all stages of the production process.
• C)The level of production of goods and services generated in the economy in a given year.
• D)The difference between the prices consumers pay for goods and services and the prices producers pay for goods and services.

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Definitions:

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