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.
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Answer:
$8,000
Explanation:
Data provided in the question:
Average cost of car = $25,000
Now,
Using the class recovery system of five years,
The rate of depreciation expense in year 2 of the MACRS is 32%
Therefore,
The depreciation expense in the year 2 will be
= Average cost of car × Rate of depreciation
= $25,000 × 32%
or
The depreciation expense in the year 2 = $8,000
Answer and Explanation:
To pay for a twelve ounce can it costs between 50 cents to a dollar. The social costs of producing a can coke, in which 9 liters of fresh water is used which effects fresh water supply on earth due to its contamination. The cost of making coke :costs more higher, where it has to maintain its employees, buildings, its road transportation, garbage disposal, and many more. People who are living near the coke plant building pays all these costs, and all people pays a equal part as it is taking from earth.
