What is Purchasing Power Parity (PPP)? Simple Explanation in 60 Seconds!
1:00
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What is Purchasing Power Parity (PPP)? Simple Explanation in 60 Seconds!
In this quick video, we dive into Purchasing Power Parity (PPP) and why it matters! 💵🌍 PPP is an economic theory that compares the relative value of currencies based on the cost of a standard basket of goods and services. It helps to determine if a currency is overvalued or undervalued compared to another. PPP is used to make more ...
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