But more importantly, it ignores what you can do with the extra hours you work.. same as with PPP it ignores that an iPhone isn't cheaper (it may not be a basic necessity), but many globally traded goods that go beyond basic needs aren't affected by PPP.
But more importantly, it ignores what you can do with the extra hours you work.. same as with PPP it ignores that an iPhone isn't cheaper (it may not be a basic necessity), but many globally traded goods that go beyond basic needs aren't affected by PPP.