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.
Answer:
2nd and 3rd option
Two functions executed by both the federal and state level are the Collection of taxes and the issuing of licenses.
Answer:
what are you referring to agricultural revolution or
Explanation:
coz it is the rapid growth in ag.........
The constant and perpetual wish to render everyone his due.
I hope this helps!
There are many factors that led to victory for the Allies on both theatres of the war. In Europe, the nation of Germany was up against the leading industrial from the battlefront(United States of America), the largest army in the world at the time with a dictator with an all or nothing blood thirsty resolve that was unmatched by any leader(USSR), and the strongest navy in the world isolated on
an island with a people with a steel hard determination in never surrendering to the Nazis(England) these 3 forces enough spelled trouble for the Germans, and their inability to tame their Japanese allies from provoking US entry into the war meant the end for the Third Reich.
