_____ is based on the cost of a standard market basket of products bought in each country.
A) Adjusted gross income (AGI)
B) Gross domestic product (GDP)
C) Per capita income (PCI)
D) Purchasing power parity (PPP)
E) Cross-cultural purchasing power (CPP)

Question

Quizplus · Accepted Answer

Purchasing power parity (PPP) is based on the cost of a standard market basket of products bought in each country.

_____ Is Based on the Cost of a Standard Market