A purchasing power parity (PPP) adjustment enables a more precise comparison of the level of living across nations. The cost of living in the US serves as the foundation for the adjustment.
<h3>What is purchasing power parity (ppp)?</h3>
By removing the variations in price levels between nations, purchasing power parities (PPPs) are rates of currency translation that aim to equalize the purchasing power of various currencies. The more the salary and price discrepancies across nations, the greater the productivity gaps in the production of marketable products, and, consequently, the greater the discrepancy between buying power parity and the equilibrium exchange rate.
By taking the geometric mean of the pricing relationships between each pair of economies for the two varieties of rice, the basic-heading PPP for each pair of economies may be calculated directly. This comparison is bilateral. Indirectly, PPP C/A PPP B/C = PPP B/A can be used to calculate the PPP between economies B and A.
Hence, A purchasing power parity (PPP) adjustment enables a more precise comparison of the level of living across nations. The cost of living in the US serves as the foundation for the adjustment.
To learn more about purchasing power parity refer to:
brainly.com/question/2286004
#SPJ4
B,
A and C are incorrect because a blog is not used for personal communications
D Blogs are not used to communicate with one person
Monthly Fees Hope It Helps
Answer:
d. product development
Explanation:
The process of creating new products with added features that benefit the customer is called product development. Businesses continuously research to find out what are the customers' preferences. They will invest in developing products that suit customer's needs.
Fiber one is developing a product whose taste will be acceptable by its customers.
