Ever wonder why a McDonald’s burger costs much more in the US than in India? Of course, because people earn higher incomes on average in the US. But the technical term for this is purchasing power ...
Gross Domestic Product (GDP) is the market value of all the goods and services produced by an economy in a given Financial Year. The GDP helps in determining the economic growth, purchasing power and ...
For China to support high quality growth would require it to deepen long-term pension, insurance and private equity funds ...
France had a GDP growth of 2.6% in 2022. The size of its economy in PPP terms was measured at $3.70 trillion. This year the economy is likely to slow down and be subdued to a rise in energy prices.
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