Hello Listeners
Welcome to the 4th episode of our podcast
I hope you all listened to our previous episode if not please do listen to episode 3 is all about GDP (Gross Domestic Product).
Moving into our today's episode
We will discuss PPP (Purchasing Power Parity).
In our previous episode, we have discussed GDP, how it is going to help in our investments right.
In the same pipeline, we also have to know about PPP (Purchasing Power Parity)
Purchasing power parity is an economic term that is used to measure a product price at a different location this can use for the price of specific goods to compare the absolute purchasing power of the countries.
In many cases, PPP produces an inflation rate and exchange rates are widely used when comparing the GDP of different countries.
Purchasing power is based on the law of one price, If there are no transaction costs for a particular good then the price for that good should be the same at every location.
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that's all for this episode.
Thank you for all the listeners.
Signing of
your host Krishna
https://anchor.fm/sivakrishna2013
https://t.me/FinBuzz_Podcast

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