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Author Question: What is PPP and why is it useful? What will be an ideal ... (Read 9 times)

karen

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on: Jul 14, 2018
What is PPP and why is it useful?
 
  What will be an ideal response?

Question 2

In 1950, Africa's population comprised about ________ of the world's total. Today it comprises about ________.
 
  A) 21; 9
  B) 10; 20
  C) 25; 3
  D) 8; 16


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marict

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Reply #1 on: Jul 14, 2018
Answer to Question 1

Purchasing power parity is a statistical measure based on a modification of GNI per capita; it
takes into account the strength or weakness of local currencies and thus facilitates the
comparison between two or more regions. In short, it provides a more accurate sense of the local
cost of living.

Answer to Question 2

D


karen

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Reply 2 on: Jul 14, 2018
Great answer, keep it coming :)

okolip

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Reply 3 on: Yesterday
Excellent

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