Purchasing power parity (ppp) is considered an objective measurement poverty levels.
Purchasing power parity:
- 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.
- monetary and developmental. Timothy Callen the rate at which the equivalent amount of goods and services might be purchased in one country using the currency of the other at a certain 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.
- China, despite still being a developing country, is thought to have the greatest PPP in the entire world. This is due to the country's economy being the largest in the world, despite the fact that the bulk of its population earn extremely low wages.
Learn more about Purchasing power parity here
brainly.com/question/14635386
#SPJ4
Answer:
$475,500
Explanation:
Sales is $1,000The discountscount is $2500
Sales return and allowances are $15,000
The cost of goods sold is $525,000
Therefore the gross profit can be calculated as follows
= 1,000,000-2,500-15,000-525,000
= 457,500
Hence the gross profit is $475,500
Answer:
anthropocentrists and ecocentrists
Explanation:
Ecocentrism exposes a love towards nature as a total abstract being; It is related to the Gaia hypotheses. Unlike anthropocentrism, that sensocentrism and that biocentrism, ecocentrism is concerned with preserving ecosystems and species, not preserving the lives of specific individuals.
Ecocentrist environmentalism differs from anthropocentric environmentalism in that the former gives priority to the conservation of species and ecosystems over the conservation of individuals - including human beings - with the latter giving priority to the human being over the conservation of species and ecosystems, defending conservation only for the benefit of humans.