Why $1 Is not equal to ₹100. Purchasing power parity explained.
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YouTubeA Better India
Why $1 Is not equal to ₹100. Purchasing power parity explained.
Ever wondered why $100 feels like a fortune in some countries but barely covers lunch in others? That’s Purchasing Power Parity (PPP) at work! 🛒💡If you take a basic basket of groceries in India, it might cost you ₹100. But if you try to buy that exact same basket in the US, $1 won't cut it—you’ll actually end up spending around $5 ...
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