U.S. July Wholesale Prices Stagnate on Falling Services Costs

U.S. July Wholesale Prices Stagnate on Falling Services Costs

Assessment

Interactive Video

Business

University

Hard

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Quizizz Content

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The video discusses the impact of tariffs on steel prices and the Producer Price Index (PPI), highlighting the offsetting effects seen in other commodities like soybeans. It explores the nuances of tariff effects, including potential deflationary impacts from global slowdowns. The discussion covers how businesses adjust to tariffs and input costs, emphasizing the importance of predictability and the speed of change. Finally, it examines the relationship between the Consumer Price Index (CPI) and PPI, noting that while some companies may pass on costs, the overall impact on CPI is gradual.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected effects of tariffs on washing machine prices?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors influence how quickly businesses can adjust to higher input costs?

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