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What Is the Reason for Measuring Purchasing Power Parity (PPP)

Question 39

Multiple Choice

What is the reason for measuring purchasing power parity (PPP) ?


A) To demonstrate the benefits of "fair trade"
B) To show how developing countries operate under their own economic logic
C) To justify the existence of vast economic inequalities
D) To show the need for land redistribution
E) To compare incomes across countries by accounting for different costs in different economies

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