What is Purchasing Power Parity
The Purchasing Power Parity (PPP) is a measurement that is used to compare the absolute purchasing power of the currencies of different countries. It is a measure of the price of certain items in different countries. The purchasing power parity (PPP) is essentially the ratio of the price of a basket of goods at one location divided by the price of the same basket of goods at a different location. It is possible for the market exchange rate and the PPP inflation and exchange rate to be different from one another due to the presence of tariffs and other transaction fees.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Purchasing power parity
Chapter 2: Per capita income
Chapter 3: Exchange rate
Chapter 4: Big Mac Index
Chapter 5: Tax
Chapter 6: IS-LM model
Chapter 7: Satisficing
Chapter 8: Balassa-Samuelson effect
Chapter 9: Fiscal policy
Chapter 10: Index (economics)
Chapter 11: Penn effect
Chapter 12: International dollar
Chapter 13: Effective exchange rate
Chapter 14: Relative purchasing power parity
Chapter 15: Rahn curve
Chapter 16: Keynesian economics
Chapter 17: International Comparison Program
Chapter 18: Microeconomics
Chapter 19: Macroeconomics
Chapter 20: KFC Index
Chapter 21: Neoclassical economics
(II) Answering the public top questions about purchasing power parity.
(III) Real world examples for the usage of purchasing power parity in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Purchasing Power Parity.
