Reidsville Clerk. Find Reidsville North Carolina clerk, including county, city, and circuit clerk, and clerk of court.
c) The PPF is bowed outward due to the law of increasing opportunity costs. Imagine you are producing at point A in the graph of part a). There you produce only grapes using all of your land. Now you want to consider raising 200 llamas (which means moving to point B). To
PPP rates mitigate the risk of false international comparisons because of inferences using observed market exchange rates. If the GDP of one country is converted into another currency using PPP exchange rates then these misleading comparisons are less likely to occur. The importance of PPP. The PPP exchange rate of a country has two primary functions: 1  It is a good tool to compare the economic performance and position of different countries. This is because the PPP rate is not subject to extreme fluctuations (on a day to day basis) and typically only changes (marginally) over years.