The Use of Purchasing Power Parity Prices

question 99

Multiple Choice

The use of purchasing power parity prices

• A) decreases the real GDP per person statistics published by the International Monetary Fund.
• B) weakens the validity of cross country comparisons of economic welfare.
• C) increases the amount by which U.S. GDP is larger than that of any other nation.
• D) accounts for differences in the prices of the same goods in different countries when measuring real GDP.

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