The GDP per capita of Country A is lower than that of France.If the GDP per capita of Country A is adjusted for PPP,the country's revised GDP is higher than that of France.Which of the following is most likely true about Country A?
A) The cost of living in Country A is lower than that of France.
B) The cost of living in Country A is higher than that of France.
C) The cost of living in Country A is approximately equal to that of France.
D) The cost of living in Country A has decreased over the past decade.
Correct Answer:
Verified
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