Purchasing Power Parity Refers To

Purchasing power parity refers to:

A) the value of the GDP divided by the population of the country.
B) the value of all the goods and services produced by a country in a single year.
C) the value of the GDP adjusted for purchasing power.
D) an economic theory that adjusts the exchange rate between countries to ensure that a good is bought for the same price in the same currency.
E) the measurement of a country's average achievements in health, knowledge, and a decent standard of living.