Purchasing Power Parity (PPP) remains a cornerstone of international economics, positing that in the long run exchange rates should adjust so that identical goods and services cost the same across ...
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Is earning Rs 23 lakh in India equal to Rs 79 Lakh in the US? Expert on purchasing power parity
According to the International Monetary Fund (IMF), India ranks as the third-largest economy in the world based on Purchasing Power Parity (PPP). PPP is a measure that accounts for exchange rate ...
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