Purchasing power parity (PPP) is calculated as the sum of value added by resident firms,households,and governments operating in an economy.

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Purchasing power parity (PPP) is a measure of the relative value of currencies, and is calculated by comparing the prices of a basket of goods and services in different countries. It is not based on the value added by resident firms, households, and governments operating in an economy.

Purchasing Power Parity (PPP) Is Calculated as the Sum of Value