PPP-adjustment involves:

PPP-adjustment involves: 




A. recalculating economic statistics to account for differences in price levels across countries.

B. a method very similar to adjusting to cost-of-living increases using a price index like the CPI.

C. recalculating a variable like GDP per capita so we can compare someone's standard of living across countries.

D. All of these statements are true.



Answer: D


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