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0:41
YouTube
MoneyWise
What is GDP per Capita (PPP)? | Understanding Purchasing Power Parity
GDP per Capita (PPP), or Purchasing Power Parity, is a way of adjusting GDP per capita to account for differences in the cost of living and inflation between countries. It helps give a more accurate comparison of living standards because it shows how much people can actually buy with their income in their own country, rather than just comparing ...
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5 months ago
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