>>18016470
>>18016489
>>18016003
>synonyms homonyms
full homo
real
riyal
[SA] saudi arabia
south africa
snakes have forked tongues
Biden administration backs bill to undo cocaine sentencing disparities
The top White House drug policy official testified that the disparities have "caused significant harm for decades, particularly for individuals, families and communities of color."
https://www.nbcnews.com/politics/congress/senators-examine-disparities-crack-powder-cocaine-sentences-n1271827
What Is Purchasing Power Parity (PPP), and How Is It Calculated?
By The Investopedia Team
Updated March 08, 2022
Reviewed by Michael J Boyle
Fact checked by Pete Rathburn
One popular macroeconomic analysis metric to compare economic productivity and standards of living between countries is purchasing power parity (PPP). PPP is an economic theory that compares different countries' currencies through a "basket of goods" approach, not to be confused with the Paycheck Protection Program created by the CARES Act.1
Image
Image by Sabrina Jiang © Investopedia 2020
According to this concept, two currencies are in equilibrium—known as the currencies being at par—when a basket of goods is priced the same in both countries, taking into account the exchange rates.
Key Takeaways
Purchasing power parity (PPP) is a popular metric used by macroeconomic analysts that compares different countries' currencies through a "basket of goods" approach.
Purchasing power parity (PPP) allows for economists to compare economic productivity and standards of living between countries.
Some countries adjust their gross domestic product (GDP) figures to reflect PPP.
arbitrage
/ˈɑːɹbɪˌtɹɑːʒ/
Noun
A market activity in which a security, commodity, currency or other tradable item is bought in one market and sold simultaneously in another, in order to profit from price differences between the markets.
Arbitration.
Verb
To employ arbitrage
To engage in arbitrage in, between, or among