However, as most participants were either low income earners or receiving government benefits, we anticipate that the majority were entitled to the 'concessional' co-payment, at <$6.00 AUD (purchasing power parity equivalent to $4.20 USD) (http://stats.oecd.org/Index.aspx?DataSetCode=PPP2011), such that the number of missed medications should be low.
"The rise in stock prices, as well as in the capital gains on homes, has created a marked increase in purchasing power without providing an equivalent and immediate expansion in the supply of goods and services," he said.
The toll was originally two shillings and sixpence, equivalent to 12.5p post-decimalisation, and approximately equivalent in purchasing power to £ in.
Of course, this increase in economic welfare will only be realised if the cash transfer is equivalent in purchasing power to the subsidy.
As a result, Latin America, an upper-middle-income region (with an income per person equivalent in purchasing power to $13,500 a year), still has a strikingly large number of poor people.
Eugene Grace, president of Bethlehem Steel in 1929, earned a $1.6 million cash bonus on a salary of $12,000 (equivalent in purchasing power today to a $17.3 million bonus on a $130,000 salary).
International dollars are the equivalent in purchasing power of US dollars.
Poverty, equivalent to the absence of purchasing power, is considered the main cause for the structural deficit that exists for drug R&D into neglected diseases [ 2, 4- 12].
Because the WHO CHOICE dataset expresses average costs in 2005 international dollars (defined as equivalent to $US in 2005 purchasing power parity), we likewise included or adjusted all costs in 2005 $US.
In order to account for different household compositions, household income is transformed into equivalent income, by using the square root equivalence scale (OECD 2006); the equivalent income is then divided by the PPP (purchasing power parity) index provided in SHARE, which adjusts for different purchasing power across countries.
