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Purchasing power parity may not hold due to:
Group Member Characteristics
Traits, skills, or attributes that differentiate members within a group, influencing group dynamics and outcomes.
Socioeconomic Makeup
The composition of a society or group based on economic and social factors, including income, education, occupation, and social status.
External Environment
Refers to the conditions, entities, events, and factors surrounding an organization that influence its activities and choices.
Context
The background, environment, framework, or circumstances surrounding an event, situation, or statement, which can influence its meaning or interpretation.
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