Ask Question
BusinessBusiness
2 June, 02:55

The consumer price index (CPI) and the producer price index (PPI) actually measure the same economic factors.

+5
Answers (1)
  1. 2 June, 04:01
    0
    The statement is False.

    Explanation:

    First lets see what CPI and PPI are.

    Consumer price index measures the change in the average prices of consumer goods and Services. The weighted average price of a selected consumer market is used for this.

    Producers price index measures the changes in the prices of the output produced by the domestic producers.

    However, there are certain factors that these 2 indices include and do not include.

    CPI includes the sales and taxes paid for the products and services as they influence the consumers. however, PPI does not take in the sales and taxes. PPI is somewhat broader than the CPI: PPI considers the change in average prices of producers in USA while CPI only take in to account the goods and services consumed by the US Urban consumers. Because it is aimed at the consumers, CPI includes Imports. However, PPI does not include Imports.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The consumer price index (CPI) and the producer price index (PPI) actually measure the same economic factors. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Mae manages delivery at a custom-kitchen outlet. Working with her customer's specifications, she contacts Gem Cabinets and places an order for a full-motion wall mount.
Answers (1)
In economics, what is it called when individuals focus on perfecting a limited range of tasks, so as to become experts in those specific areas? A. limitation B. capitalization C. specialization D. underutilization
Answers (1)
15. Which of the following ensures a good idea for a business is an actual business opportunity? The entrepreneur will have to spend a lot of money and time to implement the idea The idea solves a unique need or want in the market that a group of
Answers (1)
Wood Corp., a debtor-in-possession under Chapter 11 of the Federal Bankruptcy Code, granted an equity interest to a creditor in full settlement of a $28,000 debt owed to the creditor.
Answers (2)
Which type of control takes place while plans are being carried out?
Answers (1)
New Questions in Business
What happens to the percentage of tax as the income that is taxed?
Answers (1)
he terms of a percentage lease state that rent is 4% of sales up to $100,000 and 2.5% of sales over $100,000. Your business plan projects monthly sales to average $270,000 per month. There is a $250 per month maintenance fee.
Answers (1)
When ann taylor, a well-known retailer of sophisticated women's clothing, started losing sales to its own loft outlets that feature moderately priced casual clothes, ann taylor was dealing with the marketing phenomenon known as _?
Answers (1)
Stefanie takes out a five year car loan and agrees to pay $ 500 every month. Stefanie takes out a five year car loan and agrees to pay $500 every month. This scenario shows how money functions as a
Answers (1)
LO 1.2Which of the following statements is incorrect? The practice of management accounting is fairly flexible. The information gathered from management accounting is not required by law. Management accounting focuses mainly on the internal user.
Answers (1)
Home » Business » The consumer price index (CPI) and the producer price index (PPI) actually measure the same economic factors.
Sign Up Forgot Password?