Why using the purchasing power parity measure of gni, Microeconomics

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Why using the purchasing power parity measure of gni

Problem

Explain why using the purchasing power parity measure of GNI per capita is considered a better measure for comparing development levels between nations than the exchange rate-converted GNI per person level.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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