The relative version of PPP is calculated as
S=P1/P2
S= Exchange rate of currency 1 to currency 2
P1 = Cost of good X in currency 1
P2 = Cost of good X in currency 2
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The World Bank releases a report that compares the productivity and growth of various countries in terms of PPP and U.S. dollars.
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The way to calculate the opportunity cost is to subtract the value of the option from the value of the alternative that is foregone.
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