Economic Growth Flashcards
1
Q
Purchasing Power Parities
A
An exchange rate of one currency for another which compares how much a typical basket of goods in one country costs compared to that of another country.
Economics Theme 2 > Economic Growth > Flashcards
Purchasing Power Parities
An exchange rate of one currency for another which compares how much a typical basket of goods in one country costs compared to that of another country.