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Author Question: Which of the following statements is TRUE regarding the relationship between Gross National Income ... (Read 33 times)

CQXA

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Question 1

Which of the following regions has the highest population density?

◦ North America
◦ Australia
◦ Africa
◦ South Asia
◦ Russia

Question 2

Which of the following statements is TRUE regarding the relationship between Gross National Income (GNI) and purchasing power parity (PPP)?
◦ the higher the GNI, the higher the PPP
◦ a high GNI may not translate into strong PPP due to the enormous cost difference between goods in two different nations
◦ GNI is inversely proportional to the PPP
◦ a nation with a low GNI will almost always have an even weaker PPP
◦ GNI will always be higher in developed nations, but PPP will always be stronger in developing nations


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Marked as best answer by CQXA on Apr 15, 2021

emsimon14

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CQXA

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Reply 2 on: Apr 15, 2021
Excellent


peter

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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