Multiple Choice
Which of the following is true?
A) Exchange-rate-based measures of income per capita are identical to PPP-based measures of income per capita.
B) Exchange-rate-based measures of income per capita differ from PPP-based measures of income per capita.
C) The gap between the income per capita in the United States and the income per capita in poorer countries is large when PPP-based measures are used.
D) The gap between the income per capita in the United States and the income per capita in poorer countries is small when exchange-rate-based measures are used.
Correct Answer:

Verified
Correct Answer:
Verified
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