# What is purchasing power parity?

The purchasing power parity ( PPP ) theory uses the long-term equilibrium exchange rate of two currencies to equalize their purchasing power. Developed by Gustav Cassel in 1 (MORE)

# What is purchasing power?

The value of a currency expressed in terms of the amount of goodsor services that one unit of money can buy. Purchasing power isimportant because, all else being equal, inflat (MORE)

# Purchasing Power Parity theory?

it is the theory which determines the power of once country's currency to purchase a particular product in international market

# What is odd parity even parity?

Priority : Counting number of ones (1s) in the unit of data, since 0 is zero. Example: a unit of data: 1001 (=0x09) where number of 1s is 2 making even parity. So, the p (MORE)

# What is the purchasing power parity in China?

The PPP conversion rate for China is 3.69 Yuan Renminbi (CNY) for 1 US dollar (IMF calculations, 2008 data, estimates). The real exchange rate (as of 2009-04-03) is 6.83 Yuan (MORE)
In Physics

# What is parity?

That refers to whether the number of bits in a group of bits (often nine bits - the eight bits of a byte, and one extra bit) is even or odd. An extra bit is sometimes added fo (MORE)
In India

# What are the top 100 cities in India by purchasing power parity?

1.chandigarh 2.panji 3.delhi 4.mumbai 5.pune 6.ludhiana 7.gurgaon 8.shimla 9.jalandhar 10.banglore 11.kozhikode 12.surat 13.kochi 14.chennai 15.coimbatore 16.ahmedabad 17.amr (MORE)

# What does purchasing power parity reflect?

PPP exists between any two currencies whenever changes in the exchange rate exactly reflect relative changes in price levels in two countries.

# When does the purchasing power parity theory work well?

The PPP theory seems to work well in the long run when the differences in inflation rates between two countries are relatively large.

# Why Purchasing power parity does not hold?

because it has been tested by several researchers and they found that it does not hold