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American Has Over $24 Trillion in Purchasing Power - Do Any of Its Allies Even Come Close?
In terms of economics Purchasing Power Parity (PPP) acts as an indicator that measures the cost of living and inflation rates ...
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What Is Purchasing Power? Definition, Importance & Related Concepts
Purchasing power is the value of a currency in real terms—based on the goods and services each unit can be exchanged for. Remember when you could buy two Mcdonald's Big Macs with a $5 bill in 2000?