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miss Akunina [59]
3 years ago
8

The GDP per capital of a country is lower than that of france. if the GDP per capital of the country is adjusted for PPP, the co

untry's revised GDP is higher than that of france. which of the following is most likely true about the country?a. cost of living in the country is higher than that of franceb. the cost of living in the country is approximately equal to that of francec. the cost of living in the country has increased over the past decaded. the cost of living in the country is lower than that of france
Business
1 answer:
ivanzaharov [21]3 years ago
7 0

Answer:

the correct answer is d. the cost of living in the country is lower than that of france

Explanation:

The GDP and the PPP adjusted GDP have only one difference, the latter concerns about the inflation and the purchasing power of the currency. Depending on that, we can assume that as the PPP adjusted GDP of this country is greater than France, that means their inflation over the years have been low and there are no much volatility in their general price levels.

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