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kipiarov [429]
2 years ago
9

In 2019, if the ppp per capita of china was $16,740 and the ppp per capita of the united states was $65,880, this means that the

?
Business
1 answer:
vlada-n [284]2 years ago
7 0

The PPP per capita of China was $16,740 and the PPP per capita of the united states was $65,880 This means that the cost of living was lower in China.

The Paycheck Protection Program (PPP) is the measurement of expenses in specific nations that uses the fees of unique items to evaluate absolutely the shopping strength of the nations' currencies, and, to some extent, their humans residing requirements.

What The Paycheck Protection Program (PPP) manner?

The Paycheck Protection Program (PPP) is a popular metric utilized by macroeconomic analysts that compares exclusive international locations' currencies via a "basket of products" approach. buying electricity parity (PPP) permits for economists to compare economic productiveness and standards of residing between international locations.

What is the The Paycheck Protection Program (PPP) of India?

In 2020, GDP in keeping with capita based on The Paycheck Protection Program (PPP) for India changed into 6,461 global dollars. GDP in keeping with capita based totally on PPP of India multiplied from 2,022 worldwide bucks in 2001 to six,461 worldwide dollars in 2020 growing at an average annual fee of 6.39%.

Who started The Paycheck Protection Program (PPP)?

The Paycheck Protection Program (PPP) is a $953-billion business mortgage application established by way of the USA federal government during the Donald Trump administration in 2020 through the Coronavirus aid, remedy, and economic protection Act (CARES Act) to assist sure groups, self-employed workers, sole proprietors.

Learn more about PPP here:-  brainly.com/question/2286004

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