4 ms·
I vote for: (average income - average COL) / average COL = relative purchasing power
by msluyter 16y ago
I vote for:
(average income - average COL) / average COL = relative purchasing power
- sp332 16y agoI don't think so. That would be p=(i-c)/c or just p=i/c-1 which would mean that purchasing power is directly proportional to cost of living.