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> Still, if PPP GDP increases, with all else being equal (eg. stable population) it would imply the standard of living is increasing. That's not necessarily tr
by andrewjl 3y ago
> Still, if PPP GDP increases, with all else being equal (eg. stable population) it would imply the standard of living is increasing.
That's not necessarily true, depending on how the PPP is calculated it may not reflect the cost of imported food or energy or other necessities.