Last Updated
:2025/11/26
purchasing power parity
Noun
uncountable
usually
Japanese Meaning
(経済学)各国の相対的な物価水準に基づいて、長期的に均衡状態となる為替レートが決定されるという理論。
( plural )
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(economics) A theory of long-term equilibrium exchange rates based on relative price levels of two countries.
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purchasing power parity
Economists often use purchasing power parity to compare living standards across countries over time.
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Economists often use purchasing power parity to compare living standards across countries over time.
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