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Re: HDI, GNP and the PPP factor
>
> Relative prices in different parts of the world
> would
> have to be considered to obtain a fair picture of
> relative incomes. I can buy a banana for 3 cents in
> my
> city (Pop. 15 million). How much a banana costs in
> New
> York?
>
> Ulhas
They are about $1 a kilo in Moscow (not exactly
banana-growing country).
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