In View of the Fact That PPP Is the Manifestation

question 67

Multiple Choice

In view of the fact that PPP is the manifestation of the law of one price applied to a standard commodity basket,

• A)it will hold only if the prices of the constituent commodities are equalized across countries in a given currency.
• B)it will hold only if the composition of the consumption basket is the same across countries.
• C)it will hold only if the prices of the constituent commodities are equalized across countries in a given currency or if the composition of the consumption basket is the same across countries.
• D)none of the options

---

Definitions:

Intelligence Scores

Quantitative measures of an individual's cognitive abilities, often obtained through standardized tests.

Savant Syndrome

A condition where an individual demonstrates profound and prodigious capacities or abilities far in excess of what would be considered normal, often alongside a developmental condition such as autism.

Autism

A neurodevelopmental disorder characterized by challenges with social interaction, communication, and by restricted and repetitive behavior.

Emotional Intelligence

The capacity to identify, comprehend, control, and logically deal with one's own feelings and the feelings of others.