The income per capita in Ruberia in a certain year was 7,240 rubies,and the income per capita in the United States in the same year was $48,000.A bundle of goods that costs 100 rubies in Ruberia has a price of $1,250 in the United States.Using the PPP-based method,determine which country has a higher income per capita.

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The Answer of The income per capita in Ruberia in a certain year was 7,240 rubies,and the income per capita in the United States in the same year was $48,000.A bundle of goods that costs 100 rubies in Ruberia has a price of $1,250 in the United States.Using the PPP-based method,determine which country has a higher income per capita.

The Income Per Capita in Ruberia in a Certain Year