Episode Synopsis "04_Epi_PPP(Purchasing Power Parity)"

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. I hope you all like the content and also please share your valuable feedback in any of the podcast platforms you are listening to. Also please share our podcast with your friends we have a telegram channel if you want to join please search with our podcast name "fin buzz". 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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