Which of the following is true about the Producer Price Index? O It can be used to determine if there is a deflation in
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Which of the following is true about the Producer Price Index? O It can be used to determine if there is a deflation in
Question 4 Which of the following is true about the GDP deflator? 14.29 pts O It is a price index that is based on all the GDP components except net exports. O It is a price index that is based on all goods and services produced by US nals (including abroad). O It is a price index that is based on all the GDP components. O It is based on the prices of merchandise that is exported or imported.
Which of the following is true about the Producer Price Index? O It can be used to determine if there is a deflation in the prices of inputs used for production. O It measures wage inflation in the labor market. O It measures price changes from the perspective of households. It is a price index that includes all output in a country's within a given time period.