What is ppp dollar?
Answer:
Purchasing power parity (PPP) is a theory which says that the long-run equilibrium exchange rate of two currencies is the rate that equalizes the currencies' purchasing power. This theory is based on the law of one price, the idea that, in an efficient market, identical goods must have only one price.
check out the wikipedia entry for PPP: http://en.wikipedia.org/wiki/purchasing_.
In economics, purchasing power parity (PPP) is a theory which says that the long-run equilibrium exchange rate of two currencies is the rate that equalizes the currencies' purchasing power. This theory is based on the law of one price, the idea that, in an efficient market, identical goods must have only one price. ...
The answers post by the user, for information only, BAnswer.com does not guarantee the right.
Other Questions and Answers: