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6 What index in the Economist measures purchasing power parity?
The new standard was set according to what economists call purchasing power parity.
To make our map we looked at purchasing power parity on actual individual consumption from Eurostat.
In 2011 it had the world's sixth-largest economy by purchasing power parity.
His most important contribution was his concept of purchasing power parity.
PPP purchasing power parity.
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Purchasing-power parity is a long-run concept.
Today, in terms of purchasing-power parity, China has left the United States behind.
Tiny South Korea ranks fourteenth in the world in purchasing-power parity.
Comparisons are based on purchasing-power parity, which takes account of price differences between countries.
At its heart is the theory of purchasing-power parity (PPP).
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