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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
E None of the above Correct Answer Incorrect Answer

Solution

The correct answer is C

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