Question

What is the full form of PPP?
A) Purchasing Power Parity
B) Public Per Capita Power
C) Per Capita Potential Purchases
D) Present Purchasing Power

Answer 1

hey mate!

PPP=Purchasing Power Parity

Answer 2

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Here's your answer...

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Purchasing power parity (PPP) is an economic theory that compares different countries' currencies through a "basket of goods" approach. According to this concept, two currencies are in equilibrium or at par when a basket of goods (taking into account the exchange rate) is priced the same in both countries.

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