Author Question: The consumer price index CPI measures price changes at an earlier stage of production than the ... (Read 81 times)

Deast7027 · **on:** Jun 30, 2018

The consumer price index CPI measures price changes at an earlier stage of production than the producer price index PPI, hence, increases in the CPI are usually followed by increases in the PPI.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The consumer price index CPI is considered the best measure of the cost of living of individuals in a country.
a. True
b. False
Indicate whether the statement is true or false