A novel metric that employs purchasing power parity is ____, which suggests that exchange rates should adjust to equalize the cost of a basket of goods and services, wherever it is bought around the world.

A novel metric that employs purchasing power parity is ____, which suggests that exchange rates should adjust to equalize the cost of a basket of goods and services, wherever it is bought around the world.



a. the Whopper Index

b. the Big Mac Index

c. the apple pie index

d. the Chevy Index



Answer: B


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