Multiple Choice
Which of the following allows us to compare average levels of real production per person in different nations in a way that adjusts for differences in true costs of living?
A) nominal GDP based on purchasing power parity
B) per capita real GDP based on purchasing power parity
C) real GDP based on foreign exchange rates
D) per capita nominal GDP based on foreign exchange rates
Correct Answer:
Verified
Correct Answer:
Verified
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