1. This is known as purchasing power parity.

2. Now consider the projections, measured at purchasing power parity, for 2015.

3. Purchasing power parity (PPP) is a theory of long-term equilibrium exchange rates based on relative price levels of two countries.

4. The program used purchasing power parity statistics to rank national wealth and poverty.

5. Purchasing power parity was developed by Swedish economist Karl Cassel.

6. The new standard was set according to what economists call purchasing power parity.

7. Comparative Price Level is the index for measuring the warp of GDP between the rate and the Purchasing Power Parity (PPP).

8. Then work out the real exchange rate of Renminbi by adjusted purchasing power parity and analyze the nominal exchange rate, subsidy and wage policy's effects on real exchange rate respectively.

9. Material standard of living is measured by gross domestic product per head at purchasing power parity.