Question

    What is purchasing power parity

    (PPP)?
    A The concept that homogenous goods can have more than one price measured in any one currency. Correct Answer Incorrect Answer
    B The concept that heterogeneous goods can have more than one price measurd in any one currency. Correct Answer Incorrect Answer
    C The concept that homogeneous goods can not have more than one price measured in any one currency. Correct Answer Incorrect Answer
    D The concept that heterogeneous goods can not have more than one price measured in any one or multiple currency. Correct Answer Incorrect Answer

    Solution

    The correct answer is C

    Practice Next

    Relevant for Exams: