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Let country A's price level be 100. Let country B's price level be 70. the GDP of country A is 99,000 A-dollars and the GDP
Let country A's price level be 100. Let country B's price level be 70. the GDP of country A is 99,000 A-dollars and the GDP of country B is 100,000 B-dollars. The exchange rate between the two countries is 1.25 A-dollars per B-dollar.
What is the GDP of country A, expressed in PPP, using country B as a reference country?
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