A method which adjusts GDP to account for different prices in countries is called:
A)Cumulative distribution function
B)Nominal GDP
C)Current currency exchange rate
D)Purchasing power parity

Name: A method which adjusts GDP to account for different prices in countries is called: A)Cumulative distribution function B)Nominal GDP C)Current currency exchange rate D)Purchasing power parity
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Question

Quizplus · Accepted Answer

Purchasing power parity (PPP) is a method that adjusts GDP to account for different prices in countries.

A Method Which Adjusts GDP to Account for Different Prices