purchasing power - translation to αραβικά
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purchasing power - translation to αραβικά

DUE TO DISCOUNT; NUMBER AND QUALITY OR VALUE OF GOODS AND SERVICES THAT CAN BE PURCHASED WITH A UNIT OF CURRENCY
Purchasing power standard; Purchasing power of the dollar

purchasing power         
قوة شرائية
Purchasing power         
سلطة الشراء
Purchasing power parity         
  • [[Big Mac]] [[hamburger]]s, like this one from [[Japan]], are similar worldwide.
ECONOMIC THEORY THAT STATES THAT THE EXCHANGE RATE BETWEEN TWO COUNTRIES IS EQUAL TO THE RATIO OF THE CURRENCIES' RESPECTIVE PURCHASING POWER
Purchasing Power Parity; Purchasing price parity; Discussion and clarification of PPP; Purchasing-power parity; Purchasing parity power; Purchasing power parity (PPP); Absolute Purchasing power parity; GDP at purchasing power parity; PPP$; GDP adjusted to cost of living; Purchasing power adjustment; Cost of living parity; GDP PPP; Purchasing Power Standard
تعادل القوى الشرائية (بين بلدين)

Ορισμός

purchasing power
1.
The purchasing power of a currency is the amount of goods or services that you can buy with it. (BUSINESS)
The real purchasing power of the rouble has plummeted.
N-UNCOUNT
2.
The purchasing power of a person or group of people is the amount of goods or services that they can afford to buy. (BUSINESS)
...the purchasing power of their customers.
N-UNCOUNT

Βικιπαίδεια

Purchasing power

Purchasing power is the amount of goods and services that can be purchased with a unit of currency. For example, if one had taken one unit of currency to a store in the 1950s, it would have been possible to buy a greater number of items than would be the case today, indicating that the currency had a greater purchasing power in the 1950s.

If one's monetary income stays the same, but the price level increases, the purchasing power of that income amount falls. Inflation does not always imply falling purchasing power of one's money income since the latter may rise faster than the price level. A higher real income means a higher purchasing power of the income amount, since real income refers to the income adjusted for inflation.

Traditionally, the purchasing power of money depended heavily upon the local value of gold and silver, but was also made subject to the availability and demand of certain goods on the market. Most modern fiat currencies, like US dollars, are traded against each other and commodity money in the secondary market for the purpose of international transfer of payment for goods and services.

As Adam Smith noted, having money gives one the ability to "command" others' labor, so purchasing power to some extent is power over other people, to the extent that they are willing to trade their labor or goods for money or currency.

For a price index, its value in the base year is usually normalized to a value of 100. The purchasing power of a unit of currency, say a dollar, in a given year, expressed in dollars of the base year, is 100/P, where P is the price index in that year. So, by definition, the purchasing power of a dollar decreases as the price level rises.

Adam Smith used an hour's labour as the purchasing power unit, so value would be measured in hours of labour required to produce a given quantity (or to produce some other good worth an amount sufficient to purchase the same).

EUROSTAT defines purchasing power standard (PPS) as an artificial currency unit.

Παραδείγματα από το σώμα κειμένου για purchasing power
1. Along with Japan, these are the regions with the most purchasing power per person, while the people with the lowest purchasing power are to be found in Africa.
2. Riyadh is known for its purchasing power, he added.
3. Their clarion cry: increased purchasing power will cement recovery.
4. The purchasing power of public servants has dropped every year.
5. Lehtinen also sees improving purchasing power as an important consideration.