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HASSET Thesaurus

Concept information

SOCIO-ECONOMIC INDICATORS > ECONOMIC INDICATORS > PURCHASING POWER PARITY
ECONOMICS > ECONOMIC INDICATORS > PURCHASING POWER PARITY

Preferred term

PURCHASING POWER PARITY  

Definition

  • THE THEORY THAT EXCHANGE RATES BETWEEN CURRENCIES ARE DETERMINED IN THE LONG RUN BY THE AMOUNT OF GOODS AND SERVICES THAT EACH CAN BUY

Broader concept

Entry terms

  • PPP

History note

  • TERM CREATED NOVEMBER 2007

Keyword search

Definition source

  • DE-2017

URI

https://hasset.ukdataservice.ac.uk/7f2ad23f-b622-45c9-ab87-a57336c32834

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