To Compare Income Across Countries in a Common Currency,economists Generally

question 115

Multiple Choice

To compare income across countries in a common currency,economists generally prefer to use the

• A)purchasing power parity (PPP)method.
• B)production possibilities frontier (PPF)method.
• C)common currency converter (CCC)method.
• D)exchange rate conversion (ERC)method.

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Definitions:

Inhibitor

A substance that slows down or prevents a particular chemical reaction or other process.

Activated

The state of being turned on or made active, often referring to a chemical or biological process.

Gene

A unit of heredity that is transferred from a parent to offspring and is held to determine some characteristic of the offspring.

Hydrogen Atoms

A hydrogen atom consists of one proton and one electron; it is the simplest and most abundant atom in the universe.