Economics B A-Level
Purchasing power parity
What Purchasing power parity means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Purchasing power parity
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Reference: Pearson Edexcel
An adjustment used by international measures so that a standardised threshold enables valid comparisons of absolute deprivation across different countries.
Topics that use Purchasing power parity
- Poverty and inequality (Pearson Edexcel A-Level)
Related terms
Using Purchasing power parity in the exam
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