Answer:
The correct answer is A and B
Explanation:
PPP stands for Purchasing Power Parity, which is a theory that states or define as the exchange rate among the currencies of 2 countries, which should be equal to the ratio of the price levels of the countries.
It is grounded on The Law of One Price, which states all the identical goods have the same price.
As the purchasing power of the currency which sharply decrease because of hyperinflation, that currency will be depreciated against the stable currencies.
Answer:
P V = 1669,5
Explanation:
After seven years, future payment will be 9800$ and from there on we will have 23 annual payments more:
P V = 9800/(1+0.08)^23 = 9800/5,87 = 1669,5
Answer:
The following scenarios from the listed are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States. They include;
1) The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.
2) The variety of goods available to consumers
3) The costs of overfishing and other overly intensive uses of resources.