Purchasing power parity (PPP)is usually used to capture the differences in cost of living between countries.

Name: Purchasing power parity (PPP)is usually used to capture the differences in cost of living between countries.
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Purchasing power parity (PPP) is an economic theory used to compare the relative value of currencies by measuring the cost of a standard basket of goods in different countries, thus reflecting differences in cost of living.

Purchasing Power Parity (PPP)is Usually Used to Capture the Differences