4 ms·
These sorts of things are really just apples to oranges comparisons at best. By the time you correct for differences in the cost of living to start--let alone d
by Bluestrike2 14y ago
These sorts of things are really just apples to oranges comparisons at best. By the time you correct for differences in the cost of living to start--let alone differences in the standard of living--it kind of becomes meaningless.
- Flimm 14y agoActually, they do take into account differences in cost of living. The basket of goods used to calculate the PPP rate includes things like cars, vacuum cleaners and electricity. (I don't know the details, TBH) See my other reply to kalterstern.