The Purchasing Power Parity Theory 39 came into prominence in 1916 through the writings of ........

Economics- Phase (I & II) Monetary and Fiscal Policy

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The Purchasing Power Parity Theory' came into prominence in 1916 through the writings of

J.M.Keynes

L.E.Von Miser

Gustav Cassel

F.A.von Hayek

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Explanation:

Purchasing power parity (PPP) is an economic theory that allows the comparison of the purchasing power of various world currencies to one another. It is a theoretical exchange rate that allows you to buy the same amount of goods and services in every country. The Purchasing Power Parity Theory' came into prominence in 1916 through the writings of Gustav Cassel.