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ACTUAL INDIVIDUAL CONSUMPTION
Rusin Rusinov
Abstract: The most important indicators obtained as a result of the calculated PPPs are GDP and the actual individual consumption per capita, which measures household welfare, expressed in purchasing power standards.
Actual individual consumption is a derivative indicator that which aims to show what are the differences in actual consumption between individual European countries, covering goods and services actually consumed by the population, whether bought or paid by households, the state or non-commercial institutions and serving households.

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Date published: 2019-03-20
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