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International Comparisons of Gross National Income Using the Concept of Purchasing

Question 54

Multiple Choice

International comparisons of Gross National Income using the concept of purchasing power parity are based upon the


A) relative cost of purchasing a similar market basket of goods.
B) Gini Index of income disparity in the different countries.
C) relative stock market values in the different countries.
D) national unemployment rates in the different countries.

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