The PPI is a price index that tends to be a leading indicator of
A. future inflation rates.
B. unemployment trends.
C. past economic performance.
D. nominal GDP.
Answer: A
You might also like to view...
Assume that you start by hiring one worker at a time. Each time you hire an additional worker the average productivity remains the same
What does this imply about the marginal productivity of each worker that you hire? What will the marginal productivity function look like when graphed?
A firm that responds to a regulatory rule in a way that permits technical compliance while allowing the firm to violate the spirit of the regulation has
A) reduced the scope of the lemons problem. B) shared the gains and pains of regulation. C) engaged in a creative response to regulation. D) become a captured regulator.
If the interest rate is below the equilibrium interest rate, then the quantity __________ of money exceeds the quantity __________ of money, and there is a __________ of money
A) supplied; demanded; shortage B) supplied; demanded; surplus C) demanded; supplied; shortage D) demanded; supplied; surplus
Suppose you purchase a bond with a 5 percent risk-free rate that matures in three years. The bond pays $250 at the end of each year and a principal amount of $2,000 on maturity. The present value of the bond is
A. $3,000. B. $2,408.51. C. $3,433.62. D. $2,123.