Purchasing power parity is used to compare the gross domestic product between
Asked by wiki @ in Business viewed by 295 People
businesses.
consumers.
stock markets.
countries.
Answered by wiki @
The correct answer is: "countries".
The purchasing power parity (PPP) is an economic theory which compares different currencies from two countries by using a specific basket of goods. The prices of the goods, denominated in the two different currencies, should be equal after deducing the effect of the exchange rates between the two currencies and of the different interest rates existing in the two countries. But such equality does not hold in reality and one of the currencies usually has a greater purchasing power than the other.
The PPP, relates to GDP in the sense that it helps to deduce the purchasing power of the inhabitants of a country, by determining whether they can purchase more goods and services than the inhabitants of another country, with an equivalent amount of currency.
Similar Questions
Compare the power used in the 2 ohm resistor
Asked by admin @ in Physics viewed by 324 persons
Compare the power used in 2 ohm resistor in each of the following Circuits (1) a 6 V battery in series with 1 ohm and 2 ohm resistors, and (2) …
Use gross national product in a sentence
Asked by maham237 @ in Mathematics viewed by 287 persons
Select the correct text in the passage. Which sentence indicates how mixed income is measured in the GDP?
Gross domestic product (GDP) does not include the income received by other …
Why do economists measure the gross domestic product
Asked by maham237 @ in English viewed by 293 persons
Why do economists calculate the Gross Domestic Product of each country?
A) to figure out the average income of citizens
B) to determine the well-being and wealth of nations
C) …
Economists use gross national product (gnp) to measure
Asked by maham237 @ in Business viewed by 396 persons
economic output within a nation, regardless of ownership.
the output of foreign-owned businesses within a nation.
the output of a nation’s citizens, regardless of where they are.
any business activity …
National income is derived from gross domestic product by subtracting
Asked by admin @ in Business viewed by 307 persons
To derive net domestic product (ndp) from gross domestic product (gdp), we must subtract ________________ from gdp.
How does a high gross domestic product affect health care
Asked by admin @ in Geography viewed by 298 persons
How does a high gross domestic product (GDP) affect health care?
The higher a country's gross domestic product (gdp), the more likely it is that the country
Asked by maham237 @ in History viewed by 293 persons
6
7
The higher a country's gross domestic product (GDP), the more likely it is that the country
is wealthy
is developed
has high inflation.
has little debt.
An increase in gross domestic product (gdp) is a sign that a country’s economy is
Asked by maham237 @ in History viewed by 372 persons
An increase in gross domestic product (GDP) is a sign that a country’s economy is declining. stagnant. growing. depressed.
Math practice for economics computing per capita gross domestic product
Asked by admin @ in Mathematics viewed by 320 persons
how is per capita gross domestic product calculated "total market value of goods and services produced within a year divided by total population"?
Gni ppp, or gross national income divided by purchasing power parity, helps measure:
Asked by wiki @ in Business viewed by 334 persons
GNI PPP, or gross national income divided by purchasing power parity, helps measure: Group of answer choices The standard of living in a country. The average global interest rates for …
Which adjustment knob is used with the high power objective
Asked by admin @ in Physics viewed by 327 persons
When using a Microscope's high power objective the course adjustment knob:
a. Can be used throughout the focusing process.
b. Can not be used with low power object
c. Can …
How much power does a washing machine use in watts
Asked by admin @ in Physics viewed by 342 persons
a washing machine uses 750 watts of power and costs $0.15 per kilowatt-hour. How much does it cost to run a washing machine for two hours? Round your answer to …
Power companies charge for energy used on the basis of
Asked by admin @ in Mathematics viewed by 288 persons
A certain city's power company charges their residents for electricity usage on a daily basis. There is a basic charge of 11.6 cents. For each day the first 10 kWh …
How do advertisers use classical conditioning in marketing their products
Asked by admin @ in Business viewed by 413 persons
The final screen of the exercise mentioned advertisers' use of classical conditioning to form a positive connection to their brand in consumer's brains. According to the description, when doing so, …
Which environmental hazard is directly related to nuclear power production
Asked by admin @ in Physics viewed by 385 persons
Which environmental hazard is directly related to nuclear power production? land stripping global warming radiation leakage soil erosion
Most viewed questions in Business
Able, baker, and charles are engaged in the marketing to and enrollment of beneficiaries into medicare health plans. mr. able is an independent agent paid directly by a health plan. ms. baker is an independent agent paid through a field marketing organization (fmo). mr. charles is an independent agent paid for his work by a third-party marketing organization (tmo). how do the cms compensation rules apply to these three agents?
Asked by maham237 @ in Business viewed by 2744 persons
Interest rates are expressed as a percentage of
Asked by maham237 @ in Business viewed by 2115 persons
How to enhance knowledge regarding environmental factors through capsim?
Asked by wiki @ in Business viewed by 1851 persons
Match the job titles with the career clusters.
Asked by maham237 @ in Business viewed by 1486 persons
A company that allows you to license software
Asked by maham237 @ in Business viewed by 1298 persons
What must be marked on ready to eat bags phfs
Asked by maham237 @ in Business viewed by 1176 persons
Henry ford was the first entrepreneur to implement which strategy
Asked by maham237 @ in Business viewed by 1087 persons
Your company was recently served with a lawsuit
Asked by maham237 @ in Business viewed by 1080 persons
Case study starting a business project schedules and curves edgenuity
Asked by maham237 @ in Business viewed by 1070 persons
Which two of the four cs of credit have to do with earning potential and available cash?
Asked by wiki @ in Business viewed by 986 persons
The total annual expenditures on advertising in the united states
Asked by maham237 @ in Business viewed by 974 persons