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 ?

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 ?

A. both exchange rates are measured s the domestic currency price of the US-dollar
B. both exchange rates are not converted into international dollars
C. both exchange rate are pegged
D. both exchange rate are converted into Big Mac PPP formula

One classification of development levels used by the World Bank divides countries into three group on the basis of GNP per capita They are ?

One classification of development levels used by the World Bank divides countries into three group on the basis of GNP per capita They are ?

A. NIC, OPEC and G7
B. Low income , middle income and high income
C. Southeast Northeast and Southwest
D. Asia, America and Europe