The University of Pennsylvania researchers Summers and Heston compute the price level of GDP as the ratio of purchasing power parity (PPP) exchange rate to the actual exchange rate where ? | MCQ Hive

Economics Mcqs

Q The University of Pennsylvania researchers Summers and Heston compute the price level of GDP as the ratio of purchasing power parity (PPP) exchange rate to the actual exchange rate where ?

A A. Both exchange rates are measured s the domestic currency price of the us-dollar
B B. Both exchange rates are not converted into international dollars
C C. Both exchange rate are pegged
D D. Both exchange rate are converted into big mac ppp formula

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