PPP is ?

The Meaning and Measurement of Economic Development 22/08/2020

A. a theory that tells us that exchanged rates between currencies are in equilibrium when their purchasing power is the same in both countries
B. GDP divided by exchange rate
C. a measure of income inequality
D. a measure of infant mortality in developing countries

Related Mcqs:

    Which of the following is not a problem in comparing developed and developing countries GNP ?
    A. GNP is understated for developed countries, since a number of items included in their national incomes are intermediate goods B. The economic contribution of a housewife is a peasant family may not be measured is GNP is poor country C. GNP in understated for developing countries since many of their labor intensive good have … Which of the following is not a problem in comparing developed and developing countries GNP ?Read More...
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    A. Purchasing Power Parity B. Physical Quality of Life Index C. Human Development Index D. The Laspeyres index...
    OPEC is the ?
    A. Organization of Petroleum Exporting Country B. Organization of Pre-European Commission C. Oil Producing Economies Caucus D. Organization of Problematic Economies Committee...
    The Paasche index uses _________ weights?
    A. current-year B. base-year C. fisher-ideal index D. Purchasing Power Parity (PPP)...
    The Physical Quality of Life Index (PQLI) combines three indicators They are ?
    A. infant mortality life expectancy and adult literacy rate B. crime rate clean environment and quality of housing C. air pollution rate, Water pollution rate and sanitation D. health education and environment...

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