Question

in each instance record the GDP adjusted for PPP

Answer 1

To make a PPP adjustment for comparing GDP we build a basket of comparable goods and services and look at the prices of that basket in different countries. Purchasing Power Parity is the exchange rate needed for say $100 to buy the same quantity of products in each country.

Answer 2

To makes PPP adjustment for comparing GDP we build a basket of comparable goods and services and look at the prices of that basket in different countries. Purchasing Power parity is the exchange rate needed for say $100 to buy the same quantity for products in each country