What is PPP and how does it help us to make valid international comparisons of GDP?

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Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

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Question Posted: Jan 27, 2024 10:02 PM

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What is PPP and how does it help us to make valid international comparisons of real GDP?
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What is PPP and how does it help us to make valid international comparisons of GDP?

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Purchasing Power Parity PPP is an economic theory that allows us to make more accurate comparisons of the economic outputs of different countries It d...View the full answer

Economics

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