Ask Question
28 June, 22:11

The purchasing power parity for different countries is adjusted (up or down) depending upon whether a country's cost of living is lower or higher than the cost of living in the United States. True or false?

+4
Answers (1)
  1. 29 June, 00:32
    0
    TRUE

    Explanation:

    To account for differences in the cost of living, one can adjust GNI per capita by purchasing power. The base for the adjustment is the cost of living in the United States.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The purchasing power parity for different countries is adjusted (up or down) depending upon whether a country's cost of living is lower or ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers