The _____ is a change index,and generally a rating over 50 indicates that the economy is expanding.
A)Consumer Price Index
B)Producer Price Index
C)ISM Report on Business
D)rate of inflation
E)None of the above.

Question

The _____ is a change index,and generally a rating over 50 indicates that the economy is expanding.
A)​Consumer Price Index
B)​Producer Price Index
C)​ISM Report on Business
D)​rate of inflation
E)​None of the above.

Quizplus · Accepted Answer

The ISM Report on Business is a change index and is used to gauge the overall condition of the economy. It includes various components such as new orders, production, employment, supplier deliveries, inventories, prices, and exports. A rating over 50 indicates that the economy is expanding. The Consumer Price Index and Producer Price Index are measures of inflation, and the rate of inflation is a specific measurement of the change in prices over time.

The _____ Is a Change Index,and Generally a Rating Over