On a bank's balance sheet, "borrowings" are

Durable and nondurable goods and services lumped together in the expenditure approach to measuring GDP are called:

a. Personal consumption. b. Gross private domestic investment. c. Government spending. d. Inventory. e. Employee compensation.

The producer price index is considered a good predictor of future consumer prices because increases in input prices:

A. eventually make it to consumers when they buy the final product. B. are accounted for in PPI, and therefore this automatically adjusts the CPI. C. are observed first in the PPI, adjusting the CPI downward. D. are used by consumers to make decisions on what to buy.