Purchasing Power

Purchasing Power

Theories that invoke purchasing power parity (PPP) assume that in some circumstances (for example, as a long-run tendency) it would cost exactly the same number of, for example, US dollars to buy euros and then to use the proceeds to buy a market basket of goods as it would cost to use those dollars directly in purchasing the market basket of goods. The concept of purchasing power parity allows one to estimate what the exchange rate between two currencies would have to be in order for the exchange to be at par with the purchasing power of the two countries' currencies. Wikipedia

Purchasing Power

Theories that invoke purchasing power parity (PPP) assume that in some circumstances (for example, as a long-run tendency) it would cost exactly the same number of, for example, US dollars to buy euros and then to use the proceeds to buy a market basket of goods as it would cost to use those dollars directly in purchasing the market basket of goods. The concept of purchasing power parity allows one to estimate what the exchange rate between two currencies would have to be in order for the exchange to be at par with the purchasing power of the two countries' currencies. Wikipedia

  • Oct 26 at 1:55 PM
    Riding through the decades... today is Throwback Thursday #spirtweek #halloween2017 #workfun
  • Oct 26 at 8:50 AM
    #latepost Superhero day! #spiritweek #workfun #halloween2017
  • Oct 24 at 0:56 PM
    Spirit week continues.. its celebrity day here at Purchasing Power, can you guess who graced our red carpet today? #spicegirls #threeamigos #beyonce #clueless #halloween2017 #workfun
  • Oct 13 at 3:35 PM
    Today we wore pink in support of Breast Cancer Awareness Month! You can support too by donating at www.bcrf.org #breastcancerawareness #breastcancer #support

Oct 26, 1:55 PM

Riding through the decades... today is Throwback Thursday #spirtweek #halloween2017 #workfun

Oct 26, 8:50 AM

#latepost Superhero day! #spiritweek #workfun #halloween2017

Oct 24, 0:56 PM

Spirit week continues.. its celebrity day here at Purchasing Power, can you guess who graced our red carpet today? #spicegirls #threeamigos #beyonce #clueless #halloween2017 #workfun

Oct 13, 3:35 PM

Today we wore pink in support of Breast Cancer Awareness Month! You can support too by donating at www.bcrf.org #breastcancerawareness #breastcancer #support

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