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What are the advantages and disadvantages of the Purchasing Power Parity ( CPI ) ranking system approacl and the Purchasing Power Parity ( BigMac )
What are the advantages and disadvantages of the Purchasing Power Parity CPI ranking system approacl and the Purchasing Power Parity BigMac ranking system approach?
The Purchasing Power Parity CP ranking is simpler to evaluate since it uses a basket of goods, while the BigMac ranking system is more challenging to evaluate because it is based on a single product.
The Purchasing Power Parity CPI ranking is more comprehensive since it uses
a single product, while the BigMac ranking system is simpler to evaluate
because it is based on a basketof goods.
The Purchasing Power Parity CPI ranking is more comprehensive since it uses a basket of goods, while the BigMac ranking system is simpler to evaluate because it is based on a single product.
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