Asked by Roselyn Villaruz on Apr 30, 2024
Verified
The Economist magazine's Commodities Price Index tracks the prices of the most:
A) important finished goods that are traded internationally.
B) important minerals that are traded internationally.
C) important productive resources that are traded internationally.
D) heavily traded agricultural-based products.
Commodities Price Index
A statistical measure that tracks the price movements of a basket of commodities to reflect the overall direction of commodity prices over time.
Economist Magazine
A leading international weekly publication focusing on current affairs, international business, politics, technology, and finance.
- Track the evolution of global commodity price trends over time.
Verified Answer
ZK
Zybrea KnightMay 03, 2024
Final Answer :
C
Explanation :
The word "commodities" generally refers to raw materials or primary products that are used in the production of goods and services. Therefore, the Commodities Price Index would track the prices of important productive resources that are traded internationally, such as oil, metals, and agricultural crops.
Learning Objectives
- Track the evolution of global commodity price trends over time.