purchasing power parity
English
Noun
purchasing power parity (usually uncountable, plural purchasing power parities)
- (economics) A theory of long-term equilibrium exchange rates based on relative price levels of two countries.
Synonyms
- PPP (initialism)
Translations
long-term equilibrium
|
|
This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.