The PPP Theory Fails in Reality for All of the Following

question 50

Multiple Choice

The PPP theory fails in reality for all of the following reasons EXCEPT

• A) transport costs.
• B) monopolistic or oligopolistic practices in goods markets.
• C) the inflation data reported in different countries are based on different commodity baskets.
• D) restrictions on trade.
• E) inflation rates are unrelated to money supply growth.

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Definitions:

Stress

A physical, mental, or emotional factor that causes bodily or mental tension and may be a factor in disease causation.

Bully-Victim

Someone who attacks others and who is attacked as well. (Also called provocative victim because they do things that elicit bullying.)

Rejected Bully

An individual, often a child or adolescent, who is both aggressive towards others and excluded or rejected by peers.

Disliked

Regarded with disfavor or aversion by an individual or group.