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Purchasing Power Parity

Purchasing Power Parity Explained: Unveiling True Costs (Calculation, Pros, Cons)

January 22, 2025 · Ahmad Nasrudin

What's it? Purchasing power parity (PPP) is an economic concept for equalizing the price of a set of identical items across different locations. In other words, these goods should be priced at the same level in various countries.The concept works

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