Which of the following is true of the Employment Cost Index?
A. It allows a firm to compare changes in its average costs to an all-industry or specific-industry average.
B. It measures monthly changes in employer costs for compensation.
C. It is one of three types of salary surveys published regularly by the Department of Commerce.
D. It measures the rate of change in prices for goods and services in the product market, not wage changes in labor markets.
Answer: A
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