Which of the Following Statements Is TRUE

question 54

Multiple Choice

Which of the following statements is TRUE?

• A)The producer price index is just another term for the GDP deflator.
• B)Changes in the producer price index generally follow changes in the consumer price index.
• C)The producer price index measures the cost of a basket of goods typically purchased by producers.
• D)The producer price index shows how the cost of all purchases by urban families changes.

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