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CIPS L4M4 Exam - Topic 1 Question 6 Discussion

Posted by Mariann on Mar 20, 2024 at 07:03 AM

Which of the following is not a indices that measures economic data?

Suggested Answer: D

ISO isn't an indices- it stands for 'International Labour Association'.

The others are all indices that measure economic data; consumer price index, producer price index and gross domestic product.


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25 comments · newest first
DA
Daniel 11 months ago
I’m surprised ISO is even an option here!
GA
Gayla 11 months ago
Agreed, ISO doesn't fit with the others.
MA
Marion 12 months ago
Wait, ISO? I thought that was about standards, not economics.
TE
Terry 12 months ago
Definitely, ISO is not an economic measure!
BR
Brittani 1 year ago
PPI, CPI, and GDP are all economic indicators.
LI
Linsey 1 year ago
I'm a bit confused because I thought all of them were indicators, but I guess ISO doesn't measure economic performance like the others do.
BO
Bobbie 1 year ago
I practiced a question similar to this, and I think ISO is more about standards than economic data. So, it might be the right answer.
TI
Timothy 1 year ago
GDP is definitely a measure of economic data, but I can't recall what ISO stands for. It feels like it doesn't fit with the others.
KE
Kerrie 1 year ago
I remember studying economic indicators, and I think PPI and CPI are both related to inflation, but I'm not sure about ISO.
LE
Leatha 1 year ago
I'm pretty sure GDP is a measure of economic data, not an index. And PPI and CPI are both indices that track price changes. That leaves ISO as the odd one out, though I'm not entirely confident about that. I'll have to make an educated guess on this one.
LA
Lauran 1 year ago
Okay, let me think this through step-by-step. PPI and CPI are both price indices, measuring changes in producer and consumer prices. GDP is a measure of the total economic output. That leaves ISO - I'm not familiar with that one, so I'll go with that as my answer.
JO
Josphine 1 year ago
Hmm, I'm a bit stumped on this one. I know PPI, CPI, and GDP are all important economic metrics, but I'm not sure which one isn't actually an index. I'll have to review my notes and try to remember the differences between them.
JO
Johana 1 year ago
I'm pretty confident that GDP is a measure of economic data, so I'll eliminate that option. The other three seem like they could all be economic indicators, so I'll have to think this through carefully.
AM
Amalia 1 year ago
I'm a little confused on this. I'll have to review my notes before deciding.
WI
Willow 1 year ago
This looks straightforward, I think I'll go with option A - Prism Central -> Services -> Calm -> Enable.
DA
Dalene 1 year ago
I'm a bit confused. Is a columnar database really a good fit for storing files and media? I would have thought that would be better suited for more tabular data.
OL
Olga 1 year ago
Hmm, I'm a bit unsure about this one. I know the WAI has developed different guidelines, but I can't remember the exact names off the top of my head. I'll have to think this through carefully.
DE
Delsie 2 years ago
That makes sense. ISO is not an economic index.
AL
Alida 2 years ago
I believe GDP is also an economic index. So, ISO must be the answer.
LI
Lindsey 2 years ago
I'm not sure about this question, but I know PPI and CPI are economic indices.
DE
Delsie 2 years ago
I think the question is asking about economic indices.
JO
Johnna 2 years ago
That makes sense. ISO is not an economic index.
KR
Kristel 3 years ago
I believe GDP is also an economic index. So, ISO must be the answer.
AL
Alesia 3 years ago
I'm not sure about this question, but I know PPI and CPI are economic indices.
JO
Johnna 3 years ago
I think the question is asking about economic indices.
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