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Naily [24]
2 years ago
6

In each instance record the GDP adjusted for PPP

History
2 answers:
Salsk061 [2.6K]2 years ago
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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