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Big Mac PPP

A price index (introduced by The Economist in 1986) that uses the McDonald's Big Mac sandwich as a bundle of...

Absolute Purchasing Power Parity

A version of purchasing power parity (PPP) that predicts the exchange rate to adjust so that the internal purchasing power...

Relative PPP

A form of purchasing power parity (PPP) that, contrary to the absolute purchasing power parity, takes market imperfections into account,...

Relative Purchasing Power Parity

A form of purchasing power parity (PPP) that, contrary to the absolute purchasing power parity, takes market imperfections into account,...

MacPPP

A price index (introduced by The Economist in 1986) that uses the McDonald's Big Mac sandwich as a bundle of...

Absolute PPP

A version of purchasing power parity (PPP) that predicts the exchange rate to adjust so that the internal purchasing power...