Some economists and international organizations use the PPP method in order to compare the:

A. income among countries.
B. life expectancy rates among countries.
C. income among citizens of a country.
D. labor mobility among countries.

Answer: A

Economics

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In an economy open to international trade ________

A) saving equals investment in equilibrium B) saving is the difference between net exports and investment C) saving equals investment as long as the economy has no exports D) saving equals investment as long as NX=0 E) none of the above

Economics

The total accumulated debt of the federal government due to deficit spending is called the:

a. federal deficit. b. Congressional debt. c. deficit debt ceiling. d. national debt.

Economics