The broadest-based price index available is the
A) GDP deflator.
B) producer price index.
C) consumer price index.
D) wholesale price index.

Question

Quizplus · Accepted Answer

The GDP deflator is the broadest-based price index as it measures the price level of all new, domestically produced, final goods and services in an economy. It includes prices for investment goods, government services, and exports, in addition to the goods and consumer services included in other indices like the CPI.

The Broadest-Based Price Index Available Is the