In 2020, India's purchasing power parity was 22 national currency units (rupees) per US dollar. Source: OECD What does this mean? A. Goods that can be bought for 1 dollar in the US would require 22 rupees in India. B. Goods in India that can be bought for 1 dollar would require 22 dollars in the US. C. Goods that can be bought for 1 dollar in the US would require 22 dollars in India.D. Goods in India that can be bought for 1 rupee would require 22 dollars in the US.

In 2020, India's purchasing power parity was 22 national currency unit

1.	In 2020, India's purchasing power parity was 22 national currency units (rupees) per US dollar. Source: OECD What does this mean? A. Goods that can be bought for 1 dollar in the US would require 22 rupees in India. B. Goods in India that can be bought for 1 dollar would require 22 dollars in the US. C. Goods that can be bought for 1 dollar in the US would require 22 dollars in India.D. Goods in India that can be bought for 1 rupee would require 22 dollars in the US.
Answer» A. Goods that can be bought for 1 dollar in the US would require 22 rupees in India

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