Which measure shows more equality among countries around the world—GNI calculated at exchange rates or GNI calculated at purchasing power parity? Explain.

Q: Calculating the gross domestic product for various countries using purchasing power parity exchange…

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Q: Suppose India has a GDP of 196 trillion Indian rupees, and a population of 1.3 billion. The exchange…

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Q: Why is GDP and GNP converted to US dollar

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Q: India has a GDP of 23,000 billion Indian rupees, and a population of 1.1 billion. The exchange rate…

A: The GDP of India is given as 23,000 billion rupees and population is 1.1 billion rupees.

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A: Meaning of Purchasing Power Parity (PPP): The term purchasing power parity refers to the situation…

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Q: The Central African Republic has a GDP of 1,107,689 million CFA francs and a population of 4.862…

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Q: Distinguish between Exchange Rate Method and Purchasing Power Parity as methods of comparing Country…

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Q: What is the per capita real GDP on Purchasing Power Parity basis in Sri Lanka? What is the trend in…

A: The question is based on the notion of purchasing power parity (PPP). PPP is an economic theory that…

Q: Balance of Payments (in billions of dollars) (1) Exports of goods and services (2) Goods 3,780 (3)…

A:

Q: The Central African Republic has a GDP of 1,107,689 million CFA francs and a population of 4.862…

A: The market value during a span of time of all of the final services and goods being produced is…

Q: Algebraically, the relationship between imports and income can be written as Select one: a. IM = m/Y…

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Q: Ethiopia's GDP is 300 billion birrs and its population is 60 million. The exchange rate with the…

A: Ethopia's GDP = 300 billionPopulation = 60 millionExchange rate, $1 = 40birr

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Q: Using the method introduced in the video calculate Net National Product. Show answer choices $6,565…

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Q: A country has a net foreign investment of $-5 Trillion? What does this mean?

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Q: Explain purchasing power parity's importance when comparing countries.

A: The purchasing power(PP) of a currency is the amount of currency required to buy a good or basket of…

Q: Do foreign direct investments have direct impact on gross domestic product?

A: Foreign direct investments refer to the investments made by the foreign country into some or the…

Q: Choose the correct ordering of countries in purchasing power parity adjusted per capita income (from…

A: The purchasing power parity is the theory which states that the exchange rates between the two…

Q: Find the balance of trade if exports of good is 270 and the imports of goods is 185.

A: Balance of trade is define to be as the overall difference between the value related to the country…