PPP is an acronym for:
A)people power parity.
B)purchasing power parity.
C)planning power parity.
D)purpose power parity.
E)positioning power parity.

Question

Quizplus · Accepted Answer

Purchasing power parity (PPP) is an economic theory that compares different countries' currencies through a "basket of goods" approach. According to this theory, two currencies are in equilibrium or have parity when a basket of goods is priced the same in both countries, taking into account the exchange rates.

PPP Is an Acronym For