Question 3 Not yet answered Marked out of 1.00 p Flag question The major difference between the CPI and the PPI is that Select one: O a. The PPI measures the cost of living of self-employed workers and the Cl measures the cost of living of salaried workers. b. The PPI is based on the cost of a basket typically purchased by producers, while the CPI is based on the cost of a basket typically purchased by consumers c. The PPI is based on retail prices and the CPL is based on wholesale prices. d. The PPI generally registers a higher rate of inflation than the CPI. Question 4 Not yet answered Marked out of 1.00 p Flag question buys 5,000 sheets of paper at 2 dollars per shdet. Using the expenditure approach to calculating GDP then rises by 10,000 Suppose dollars Select one: a. Non-durable goods consumption b. Inventories c. Durable goods consumption d. None of the above