The Consumer Price Index and the Producer Price Index are both calculated using the ___________ index formula.
A)Paasche
B)Weighted aggregate
C)Laspeyres
D)Cyclical (seasonal)

Question

Quizplus · Accepted Answer

The Consumer Price Index (CPI) and the Producer Price Index (PPI) are both calculated using the Laspeyres index formula, which measures the cost of purchasing a fixed basket of goods and services over time.

The Consumer Price Index and the Producer Price Index Are