KQuestion 6 (of 10) 6 value 10.00 points Calculate the PPP-adjusted GDP for each

Question

KQuestion 6 (of 10) 6 value 10.00 points Calculate the PPP-adjusted GDP for each of the four countries using the information found in the table below Instructions: Round your answers to the nearest dollar Country GDP Price level PPP-adjusted GDP 10 12,700 14,100 ye 27 Avon 20 References eBook & Resources Section: Accounting for Price Differences Across Places Numeric Response Learning Objective: 08-06 Use a price index to calculate PPP-adjusted variables and compare the cost of living Section: PPP-Adjustment

Explanation / Answer

Ona PPP-adjusted GDP

=10000/(1+6%)

=9433.96

Rye PPP-adjusted GDP

=12700/(1-27%)

=17397.26

Zolfo PPP-adjusted GDP

=14100/(1-10%)

=15666.67

Avon PPP-adjusted GDP

=23400/(1+20%)

=19500.00

the above is answer..

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