In each instance record the GDP adjusted for PPP

2 answers:

8 0

To makes PPP adjustment for comparing GDP we build a basket of comparable goods and services and look at the prices of that basket in different countries. Purchasing Power parity is the exchange rate needed for say $100 to buy the same quantity for products in each country

andriy [413]2 years ago

5 0

To make a PPP adjustment for comparing GDP we build a basket of comparable goods and services and look at the prices of that basket in different countries. Purchasing Power Parity is the exchange rate needed for say $100 to buy the same quantity of products in each country.

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