Question
What is true about Purchasing power parity 1)
A measure of infant mortality in developing countries 2) Metric used by macroeconomic analysts that compares different countries' currencies through a "basket of goods" approach 3) GDP divided by exchange rateSolution
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. Some countries adjust their gross domestic product (GDP) figures to reflect PPP. two currencies are in equilibrium—known as the currencies being at par—when a basket of goods is priced the same in both countries, taking into account the exchange rates.
Statements: J < K, J < L, L > M
Conclusions: I. J < M II. L = J
...In which of the following expressions will the expression ‘D < F’ be definitely true?
Statement: C > S > F > B > L; I > B > T
Conclusion: I. I > L II. T < C
Three statements, showing relationship between different elements, are followed by three conclusions (I). (II) and (III). Assuming the statements to be ...
Statement: Q > R; O < K ≤ N; O ≥ S > R
Conclusion: I. O ≥ Q     II. R < N.
Statements: B > D > X > T ≤ N ≥ O = U
Conclusion
I: N > D
II: T > B
Statements: A > B > C, C < D > E, E = F > G
Conclusion:
I. C = G
II. A > F
In the question, assuming the given statements to be true, Find which of the conclusion (s) among given three conclusions is /are definitely true and ...
Which of the following symbols should be placed in the blank spaces respectively (in the same order from left to right) to complete the given expression...
Statements: A > B > C; D < E < C; D ≥ F = G
Conclusion:
I. G < E
II. F < A
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