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Economics Mcqs
Q
PPP is ?
AA. A theory that tells us that exchanged rates between currencies are in equilibrium when their purchasing power is the same in both countries
BB. Gdp divided by exchange rate
CC. A measure of income inequality
DD. A measure of infant mortality in developing countries
Correct Answer:
A. A. A theory that tells us that exchanged rates between currencies are in equilibrium when their purchasing power is the same in both countries
