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Dennis_Churaev [7]
3 years ago
12

Purchasing power parity is used to compare the gross domestic product between

Business
2 answers:
Alex777 [14]3 years ago
4 0
<span>The difference between PPP and GDP is that Purchasing power parity (PPP) is an applied doctrine of the comparative value of money in different countries; while nominal GDPshows the total productive output of a country. Purchasin power parity compares how many goods and services an exchange-rate-adjusted unit of money can purchase.</span>
bearhunter [10]3 years ago
3 0

the answer on ed is C. countries

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Read 2 more answers
1. A firm in a competitive market has the following cost structure: Output Total Costs 0 $10 1 $12 2 $15 3 $19 4 $24 5 $30 6 $37
iogann1982 [59]

Answer:

b. 6 units

Explanation:

Output     Revenue  Costs = Profit  ( Revenue - Costs)

   0                   0         10 =  -10

   1                    8         12 =  -4

   2                   16        15 =   1

   3                   24        19 =   5

   4                   32        24 =   8

   5                   40        30 =   10

   6                   48         37 =   11

   7                   56        46 =   10

   8                   64        55 =   9

   9                   72        65 =    7  

Note: The revenue is calculated by multiplying output by the market price of $8.

The firm should produce 6 units to maximize their profit which is $11.

3 0
3 years ago
One important benefit of a multiparty system over a two-party system is that ____________.
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Answer:

Fiscal policy

Explanation:

Fiscal policy works with the real sector such as good and services

If firms produce more goods and services it increases employment

3 0
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