The index that is NOT based on a fixed market basket of goods and services is the
A) CPI.
B) PPI.
C) Wholesale Price Index.
D) GDP Price Deflator.

Question

Quizplus · Accepted Answer

The GDP Price Deflator is not based on a fixed market basket of goods and services. Instead, it reflects the prices of all goods and services produced domestically, adjusting for changes in the composition of GDP over time.

The Index That Is NOT Based on a Fixed Market