Question
What is the purchasing power parity (PPP) theory
primarily concerned with?Solution
Purchasing power parity (PPP) theory states that the exchange rate between two countries' currencies is in equilibrium when their relative price levels are equivalent to the exchange rate. This theory suggests that goods and services should cost the same in different countries when the prices are converted into the same currency.
A circle has a radius of 21 cm, and a sector makes an angle of 60° at the center. Find the area of the sector and the length of the arc (use π = 22/7...
Which of the following statements is true about LPP?      Â
If A = {{2}, {(3,4}, {6}} which of the following is correct?
The MRP of an article is Rs.1750 and the cost price of the article is 40% of its marked price. If x% of the discount offered on the marked price of the ...
A train that is 300 meters long takes 15 seconds to pass a tree. What is the speed of the train in kilometers per hour?
Simran goes to a grocery store with some money. She can buy 80 packets of rice or 40 packets of flour with the money with her. However, instead of spend...
An LPP has constraints:
x + y ≤ 4
x + y ≥ 6
x, y ≥ 0
What can be said about the feasible region?
What is the principal sum if the difference between simple interest (SI) and compound interest (CI), compounded annually, on a ce...
If sinθ + cosθ = 2a and tanθ + cotθ = b, then find a in terms of b.
