What Is Purchasing Power Parity (PPP), and How Is It Calculated?
What Is Purchasing Power Parity (PPP), and How Is It Calculated?
5 months ago
investopedia.com
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Kristen Fischer on Instagram: "Too many responses about purchasing Power made me make this video to explain it. Rupees in India stretch further than the relative dollars do in the USA. Sure incomes are higher in the USA, but everything costs more there too. And yes, I know that incomes in India are much lower in India, but so are the costs of goods and services. Here is another example: The average cost of a haircut in India is around 100 rupees The average cost of a haircut in the USA is 40 dol
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