Government SSC Economy Question: Download Government SSC Economy PDF
Explain Purchasing power parity?
Answer:
Purchasing power parity (PPP) is a theory of long-term
equilibrium exchange rates based on relative price levels of
two countries.
equilibrium exchange rates based on relative price levels of
two countries.
| Previous Question | Next Question |
| Who prepared the preface of the Ist five year plan in India? | Why the global financial crisis did not affect strongly on the underdeveloped countries? |