Purchasing Power Parity
A) is an income redistribution program designed to give poorer U.S. citizens more equality with the rich
B) is an economic principle which states that competing stores will charge the same price for identical goods
C) is the principle that political contributions by corporations and wealthy individuals buy influence with powerful leaders
D) occurs when those in high tax brackets get the same after-tax income as those in low tax brackets
E) is a set of exchange rates used to compare GDP across nations
Correct Answer:
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