Answer the following statement(s) true (T) or false (F)
Explain what GNI-PPP is and how it is used. What other measures could be used to measure global economic inequality?
Ans: GNI-PPP: a comparative economic measure that uses international dollars to indicate the amount of goods and services someone could buy in the United States with a given amount of money. Insight into economic resources available to state and society from a macro perspective. Offers a comparative measure for looking at stratification in the global system.
KEY: Learning Objective: 8.1: Describe quantitative and qualitative dimensions of global wealth, poverty, and inequality.
REF: Cognitive Domain: Analysis
Answer Location: Dimensions of Global Inequality and Poverty
Difficulty Level: Hard
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