Which of the following statement(s) is/are correctly stated?
Codes :
Which of the following statement(s) is/are correctly stated?
Codes :
The correct option is B 3 and 4 only
The WPI focuses on good’s price traded between corporations. The price of goods bought by consumer is taken care by CPI hence statement 1 and 2 are opposite hence incorrect. Remaining two statements are correct.
The Producer Price Index (PPI) program measures the average change over time in the selling prices received by domestic producers for their output. The prices included in the PPI are from the first commercial transaction for many products and some services.
The money supply is commonly defined to be a group of safe assets that households and businesses can use to make payments or to hold as short-term investments. For example, U.S. currency and balances held in checking accounts and savings accounts are included in many measures of the money supply.
3 and 4 only
The WPI focuses on good’s price traded between corporations. The price of goods bought by consumer is taken care by CPI hence statement 1 and 2 are opposite hence incorrect. Remaining two statements are correct.
The Producer Price Index (PPI) program measures the average change over time in the selling prices received by domestic producers for their output. The prices included in the PPI are from the first commercial transaction for many products and some services.
The money supply is commonly defined to be a group of safe assets that households and businesses can use to make payments or to hold as short-term investments. For example, U.S. currency and balances held in checking accounts and savings accounts are included in many measures of the money supply.
