Make sure you are at least 35 years old and born in the United States. You must also have lived 14 years in America to run for President. (If you are not 35 yet, you can start planning early!). 1  There is no way around this. 2  No, Barack Obama was not born in Kenya.
What is 'Purchasing Power'. Purchasing power is the value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you would be able to purchase.
Purchasing power parity is an economic theory that states that the exchange rate between two currencies is equal to the ratio of the currencies' respective purchasing power. Theories that invoke purchasing power parity assume that in some circumstances it would cost exactly the same number of, for example, US dollars to buy euros and then to use the difference in value to buy a market basket of goods as it would cost to directly purchase the market basket of goods with dollars. A fall in either