The nominal price of industrial red paint was $12 per gallon in 1993. To convert this value to the real price of paint in 2017 dollars, we should use the
A. 30-day T-bill rate.
B. Producer Price Index.
C. federal funds rate.
D. Consumer Price Index.
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Home » Business » The nominal price of industrial red paint was $12 per gallon in 1993. To convert this value to the real price of paint in 2017 dollars, we should use the A. 30-day T-bill rate. B. Producer Price Index. C. federal funds rate. D. Consumer Price Index.