Multiple Choice
Which of the following statements about purchasing power parity is NOT true?
A) It takes into account price levels in different countries.
B) By this measure,the difference between rich and poor countries is less pronounced.
C) By this measure,the difference between rich and poor countries is more pronounced.
D) It is an alternative measure to per capita gross national income.
Correct Answer:
Verified
Correct Answer:
Verified
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