Multiple Choice
If the prices used in two countries are exactly the same, then a comparison of the per capita GDPs of the two countries provides:
A) no insight into living standards.
B) some insight into living standards depending on the extent of non-market activities in each country.
C) some insight into living standards depending on the accuracy of purchasing power parity.
D) an exact comparison of living standards.
Correct Answer:
Verified
Correct Answer:
Verified
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