True True 1 1 1 10 True False False Tim Callen Load More Gross domestic product | Back to Basics Gross Domestic Product: An Economy’s All When it is growing, especially if inflation is not a problem, workers and businesses are generally better off than when it is not TIM CALLEN Purchasing power parity | Back to Basics Purchasing Power Parity: Weights Matter The rate at which the currency of one country would have to be converted into that of another country to buy the same amount of goods and services in each country TIM CALLEN See Also Magazine Archives Country Focus Blogs