+Purchasing Power Parity (PPP) proposes that a basket of goods should cost the same in different countries when their [Exchange Rate](/wiki/Exchange_Rate) is adjusted. It posits a theoretical rate where identical goods have equal [Purchasing Power](/wiki/Purchasing_Power) across currencies, aiming to reflect the true cost of living. This concept helps compare economic strength, often highlighting disparities due to factors like [Inflation](/wiki/Inflation).
+## See also
+- [Big Mac Index](/wiki/Big_Mac_Index)
+- [Cost of Living](/wiki/Cost_of_Living)
+- [Economics](/wiki/Economics)
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