Difference between revisions of "Purchasing Power Parity"

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Revision as of 21:43, September 30, 2007

Purchasing Power Parity (or PPP) refers to differences in price levels among countries, as opposed to Gross National Product, which measurs total economic output.[1]

  1. ↑ Almond, Gabriel A. Comparative Politics Today: A World View. New York: Pearson, 2004.
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