Block, Siteadmin, SkipCaptcha, Upload, Automoderated users, delete, edit, move, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, protect, rollback, Administrators, template
293,571
edits
Changes
Purchasing Power Parity (view source)
Revision as of 17:07, December 27, 2025
, 17:07, December 27, 2025no edit summary
'''Purchasing Power Parity''' (or '''PPP''') refers to differences in [[price]] levels among countries, as opposed to [[Gross National Product]], which supposedly measures total [[economic]] output.<ref>Almond, Gabriel A. ''Comparative Politics Today: A World View''. New York: Pearson, 2004.</ref> For example, the Big Mac Index is said to measure the amount of time in [[labor]] in various cities throughout the world to purchase one [[MacDonald's]] Big Mac.
'''Purchasing Power Parity''' (or '''PPP''') refers to differences in [[price]] levels among countries, as opposed to [[Gross National Product]], which supposedly measures total [[economic]] output.<ref>Almond, Gabriel A. ''Comparative Politics Today: A World View''. New York: Pearson, 2004.</ref> For example, the Big Mac Index is said to measure the amount of time in [[labor]] in various cities throughout the world to purchase one [[McDonald's]] Big Mac.
==References==
==References==