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    Question

    PPP stands for┬а

    A Purchasable power parity Correct Answer Incorrect Answer
    B Purchasing power parity Correct Answer Incorrect Answer
    C Purchased power parity Correct Answer Incorrect Answer
    D Printable power parity Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Solution: Purchasing power parity (PPP) is a popular metric used by macroeconomic analysts that compares different countries' currencies through a "basket of goods" approach. Purchasing power parity (PPP) allows for economists to compare economic productivity and standards of living between countries.

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