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PPP

/ˌpiˌpiˈpi/ /ˌpiːˌpiːˈpiː/
noun
GeneralBusiness
  1. 1 PPP, satın alma gücü paritesi
  2. 2 satın alma gücü paritesi

Definition (English)

  1. A method of comparing currencies based on the cost of a standard basket of goods and services.
  2. It suggests exchange rates should equalize prices of identical goods in different countries.

Example Sentences

  1. PPP helps compare living standards.
    PPP yaşam standartlarını karşılaştırmaya yardımcı olur.
  2. We calculated the PPP for several nations.
    Birkaç ulus için PPP'yi hesapladık.

Synonyms

purchasing power parity

Collocations

calculate pppppp comparisonppp adjustmentppp methodppp indexppp basis

Related Words

currencyexchange rateinflationbasket of goodscost of livingeconomics