The Organization for Economic Cooperation and Development creates a measure of purchasing power.

Name: The Organization for Economic Cooperation and Development creates a measure of purchasing power.
Brand: Quizplus
Rating: 4.9 (44 reviews)

Question

Quizplus · Accepted Answer

The Organization for Economic Cooperation and Development (OECD) does create a measure of purchasing power, known as Purchasing Power Parity (PPP). This measure helps compare the economic output and living standards among countries by accounting for differences in the cost of living and inflation rates.

The Organization for Economic Cooperation and Development Creates a Measure