Match the following 1 GDP Deflator ...........

Economic Affairs Inflation

Match the following

1. GDP Deflator a) measures the change in the prices received by a producer.

2. PPI-Producer b) measures the change Price Index in price of a selection of goods at wholesale prior to retail sales excluding sales tax.

3. WPI c) combination of inflation and rising unemployment due to recession.

Choose the correct code

1 2 3

3 1 2

2 3 1

Macro eco, Index

2 3 1

A GDP deflator is a tool that is used to measure price changes over time, and it is also known as the GDP price deflator.
The Producer Price Index (PPI) is a family of indexes that measures the average change over time in selling prices received by domestic producers of goods and services.
The Wholesale Price Index is the price of a representative basket of wholesale goods.