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Purchasing Power Parities (PPP) Is the Amount of Currency Which

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Purchasing Power Parities (PPP) is the amount of currency which, when converted into the floating U.S. dollar, equals the projection of stabilized currency as set by the Federal Reserve in compliance with the World Bank.


Definitions:

Single Parents

Individuals who are raising children without the involvement of the other biological parent.

Minorities

Groups in society distinguished by cultural, ethnic, racial, religious, or social backgrounds that are smaller in number compared to the majority.

Lowest Cost

The most economical price at which a good or service can be purchased or produced, often pursued as a competitive strategy in business.

Business Process

A collection of related activities that create a product or a service of value to the organization, its business partners, and its customers.

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