The University of Pennsylvania researchers Summers and Heston compute the price level of GDP as the ratio of purchasing power parity (PPP) exchange rate to the actual exchange rate where ?

The Meaning and Measurement of Economic Development 28/04/2021

A. both exchange rates are measured s the domestic currency price of the US-dollar
B. both exchange rates are not converted into international dollars
C. both exchange rate are pegged
D. both exchange rate are converted into Big Mac PPP formula

Related Mcqs:

    Lespeyres type indexes use weights from_____________?
    A. current period B. base-period C. forecasting D. future year...
    IF GNP per capita at constant prices for Liechtenstein a microstate of 29,000 people located on the Rhine River between Switzerland and Austri is US$555 and US$560 in 2011 and 2012 respectively, the real economic growth from 2011 to 2012 is ?
    A. 5% B. 0.901% C. 0.090% D. 0.991%...
    The three measure of welfare indicators above comprise the ?
    A. Purchasing Power Parity B. Physical Quality of Life Index C. Human Development Index D. The Laspeyres index...
    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...

Leave a Reply

Your email address will not be published. Required fields are marked *