Purchasing power parity (PPP) measurements of income are a way to make international comparisons by correcting for national differences in
A) unemployment.
B) inflation.
C) prices of goods and services.
D) economic growth.
C
You might also like to view...
All of the following can cause conflict between divisions EXCEPT
a. Coordination between divisions does not benefit all divisions equally b. managers of profit centers care too little about the effects of their decisions on other divisions c. corporate executives reward managers based on firm profitability instead of divisional profitability d. corporate executives cannot tell when one divisional manager's decisions are appropriate or not
Several writers have helped to popularize the notion that stock prices follow no discernible pattern. What is meant by a random walk, and how can you explain why people continue to invest in stocks if the random walk theory is correct?
A rightward shift of the supply of loanable funds curve leads to a lower equilibrium interest rate
a. True b. False Indicate whether the statement is true or false
Higher nominal interest rates ________ the amount of money demanded and higher real income ________ the amount of money demanded.
A. increase; increases B. decrease; increases C. increase; decreases D. decrease; decreases