The Money Farm Team

What Does GDP PPP Mean?

Purchasing power parity (PPP) is a prominent macroeconomic statistic that compares the currencies of different countries using a “basket of goods” method. Economists can compare economic productivity and living standards between countries using purchasing power parity (PPP). To reflect PPP, some countries modify their gross domestic product (GDP) estimates. Is a high PPP beneficial? As

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Why Does Unemployment Decrease When GDP Increases?

The COVID-19 epidemic has caused cities and regions across the United States to shut down. Many states have issued or are considering issuing stay-at-home orders, which require most non-essential businesses to close and citizens to stay at home. These measures are intended to delay or halt the spread of COVID-19 by limiting inter-person interaction and

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