What are the main economic indexes?
in the field of ecnomics what are main economic indexes (or indices)
Answer:
The basic economic indexes are the GDP (gross domestic product), GNP (gross national product), and the CPI (consumer price index), and possibly the PPI (producer price index).
There are many indexes used by economists and the business world. An index is simply a way of showing how much something has changed from a base period in which the index is defined to have a value typically of 100. Thus if the index has increased to 240, the percentage increase is 240%. Such indexes include the consumer price index and the Standard and Poor 500 stock market index.
More Questions and Answers:
Names of great Economist?
With 1000s of mortgage and credit card defaults and the stock market plunging, are we headed for a depression?
11. Refer to the above diagram for a monopolistically competitive firm. If more firms would enter the industry
Does poverty exist in U.S.?
What are the benefits of unemployment?
The Federal Reserve serves the government by:?
What are consumer forums?
Why cant government print more number of currency notes?
Do you think getting cheaper products from China like electronics is making up for all the other rising costs?
Answer:
The basic economic indexes are the GDP (gross domestic product), GNP (gross national product), and the CPI (consumer price index), and possibly the PPI (producer price index).
There are many indexes used by economists and the business world. An index is simply a way of showing how much something has changed from a base period in which the index is defined to have a value typically of 100. Thus if the index has increased to 240, the percentage increase is 240%. Such indexes include the consumer price index and the Standard and Poor 500 stock market index.
The answers post by the user, for information only, FunQA.com does not guarantee the right.
More Questions and Answers: