Relativepurchasingpowerparity holds better than PPP itself, and holds relatively well in the long run, although it is unlikely to precisely hold in any one period.
相对购买力平价成立优于PPP本身,从长远来看持有相对较好,虽然这是不可能精确地保持在任何一个时期。
2
The theory of purchasing-powerparity (PPP) implies that high-inflation currenciesshould depreciate, relative to harder monies.
根据购买力平价理论推导,高通胀货币应当对低通胀者贬值。
3
On the OECD's calculations of purchasing-powerparity (a measure that adjusts for relative prices), the franc is 42% overvalued against the euro and 44% against the dollar.