Question

PPP is an useful measure to compare the standard of living of different
countries.

Answer 1

Answer:

Purchasing power parity (PPP) is a popular metric used by macroeconomic analysts that compare different countries' currencies through a "basket of goods" approach.

Explanation:

Answer 2

Answer:

Purchasing power parity (PPP) is a popular metric used by macroeconomic analysts that compares different countries' currencies through a "basket of goods" approach. Purchasing power parity (PPP) allows for economists to compare economic productivity and standards of living between countries.

Explanation:

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