?? Sorry I don’t know either
18+ and you work 35+ hours per week to learn.
The correct answer is: "Purchasing Power Parity"
The theory of the Purchasing Power Parity is used to compare the cost of life and living standards between two countries that use two different currencies. This is done by comparing two curriencies through a basket of goods, by comparing their market prices and, therefore, how they are valued under each currency. This enables to conclude how much of each currency you need to purchase an specific product (a bike) and hence, the purchasing power of consumers who hold that currency.
The Supremacy Clause is a clause within Article VI of the U.S. Constitution which dictates that federal law is the "supreme law of the land." ... Under the doctrine of preemption, which is based on the Supremacy Clause, federal law preempts state law, even when the laws conflict.
