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Purchasing power parities determine expenditures for real gross domestic product among countries without the use of the exchange rate to convert currencies; parities more accurately reflect the rate a...
Wage parity for police and firefighters has eroded steadily since 1950, long before concern surfaced about the civil disorders of the 1960's and, more recently, about crime. This article discusses pos...
International price comparisons based on purchasing power parity
International price comparisons purchasing power parity
2009/4/15
Because exchange rate movements, in general, tend to be more volatile than changes in national price levels, the purchasing power parity approach provides the proper basis for comparing living standa...