This topic contains a solution. Click here to go to the answer

Author Question: Purchasing power parity (PPP) is especially insightful because it takes into account a. the ... (Read 109 times)

student77

  • Hero Member
  • *****
  • Posts: 567
Purchasing power parity (PPP) is especially insightful because it takes into account
 
  a. the different costs of goods in different countries.
  b. the percentage of a society living under conditions of poverty.
  c. the absolute costs of living in any one country.
  d. a relatively simple calculation of the cost of living.

Question 2

Dividing the overall annual income of a country by the population results in the
 
  a. purchasing power parity.
  b. percentage of poverty.
  c. per capita GDP.
  d. gross national product.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pallen55

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

a

Answer to Question 2

c




pallen55

  • Sr. Member
  • ****
  • Posts: 331

 

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

For a complete list of videos, visit our video library