Prep
Bee
Pakistan
Free MCQ Practice Platform for Govt Job Exams
Home
MCQs
Quiz
Past Papers
FIA Prep
Contact
Quiz Mode
Login
Register
Preparing your study page...
Home
MCQs
Economics
MEDIUM
ENGLISH
Economics
The University of Pennsylvania researchers Summers and Heston compute the price level of GDP as the ratio of purchasing power parity (PPP) exchange rate to the actual exchange rate where ?
both exchange rates are measured s the domestic currency price of the US-dollar
Correct answer
B
both exchange rates are not converted into international dollars
Option B
C
both exchange rate are pegged
Option C
D
both exchange rate are converted into Big Mac PPP formula
Option D
Correct answer: A
Explanation
No explanation provided for this MCQ yet.
Hide Answer
Hide Explanation
Start Related Quiz
Submit Correction
More MCQs