Contract adjustment. PPI data are commonly used in adjusting purchase and sales contracts. These contracts typically specify dollar amounts to be paid at some point in the future. It is often desirable to include an adjustment clause that accounts for changes in input prices. For example, a long-term contract for bread may be adjusted for changes in wheat prices by applying the percent change in the PPI for wheat to the contracted price for bread. (See Price Adjustment Guide for Contracting Parties.)
Indicator of overall price movement at the producer level. PPIs capture price movement prior to the retail level. Therefore, they may foreshadow subsequent price changes for business and consumers. The President, Congress, and the Federal Reserve employ these data in formulating fiscal and monetary policies.
Deflator of other economic series. PPIs are used to adjust other time series for price changes and to translate those series into inflation-free dollars. For example, constant-dollar gross domestic product data are estimated using deflators based on the PPI.
Measure of price movement for particular industries and products.
Comparison of input and output costs.
Comparison of industry-based price data to other industry-oriented economic time series.
Forecasting.
LIFO (i.e., last-in, first-out) inventory valuation.
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People were unhappy about the society in Iran in the 1960's and 1970's because Iran had been ruled by a man named Shah, who ruled through a secret police force. was a strict leader that had many Iranians jailed, tortured, and executed. Shah's policies weren't well received by some of the Iranian people because they believed his policies were too western and went against the teachings of Islam. Some people think that the Ayatollah chose to free the hostages on January 20th, 1981 because it was Ronald Reagan's first day in office and that it would make Jimmy Carter and the Democrats feel silly because they weren't able to negotiate the release of the hostages.
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what list are we choosing the word from? and what definition ?
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The answer is C
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I just took the test and got it right!!!