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Topic: Purchasing power

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Inflation rate

Substitution effect

Inflation

Guaranteed minimum income

Per capita income

Money supply

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Purchasing power parity

Gross domestic product

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	Purchasing power - Wikipedia, the free encyclopedia
		In economics, purchasing power refers to the amount of goods and services a given amount of money — or, more generally, liquid assets — can buy.
		Falling purchasing power can thus be part of inflation.
		The formula for purchasing power is extremely complex.
	en.wikipedia.org /wiki/Purchasing_power (160 words)

	Purchasing power parity - Wikipedia, the free encyclopedia
		In economics, purchasing power parity (PPP) is a theory which says that the long-run equilibrium exchange rate of two currencies is the rate that equalizes the currencies' purchasing power.
		Purchasing power parity is often called absolute purchasing power parity to distinguish it from a related theory relative purchasing power parity, which predicts the relationship between the two countries' relative inflation rates and the change in the exchange rate of their currencies.
		Estimation of purchasing power parity is complicated by the fact that countries do not simply differ in a uniform price level; rather, the difference in food prices may be greater than the difference in housing prices, while also less than the difference in entertainment prices.
	en.wikipedia.org /wiki/Purchasing_power_parity (2483 words)

	FEMP Renewable Energy: Purchasing Renewable Power (Site not responding. Last check: 2007-11-01)
		Purchasing electricity from wind resources is the most popular option for federal facilities to purchase renewable power.
		By purchasing renewable power, your facility can obtain a percentage of its energy from renewable sources and meet the federal renewable energy goal.
		Federal agencies that purchase renewable power may be eligible to join the EPA Green Power Partnership (GPP), a voluntary program designed to reduce the environmental impact of electricity generation by promoting renewable energy.
	www.eere.energy.gov /femp/technologies/renewable_purchasepower.cfm (378 words)

	ETI Purchasing Power and Workforce Density Data Home Page
		Purchasing Power by Census Tracts for custom made printouts of purchasing power for 16 retail categories and data on the workforce population for any U.S. census tract.
		Purchasing Power by ZIP Code for data on retail expenditures for 16 consumer areas, retail and business establishments, and the available workforce for all residential zipcodes in the U.S. Purchasing Power Rankings for Top 100 Metro Areas for ZIP code rankings of each of the 16 retail expenditure categories for the 100 largest metro areas.
		See also an example of power point presentations prepared for the City in 2001 on on purchasing power and economic opportunities within a 3-mile radius of Cesar E. Chavez Drive and W. National Avenue, on Milwaukee's near southside.
	www.uwm.edu /Dept/ETI/PurchasingPower/purchasing.htm (2062 words)

	Purchasing - Vendor Maintenance (Site not responding. Last check: 2007-11-01)
		Each purchaser needs to be aware of his or her department’s policy restrictions regarding purchases.
		Purchasing authority is granted by the University's Board of Trustees to the Office of Business and Finance, and then delegated to the Purchasing Department through the Office of Business Operations.
		All Purchasing Department employees, and all other University personnel authorized to conduct purchasing activities, must adhere to the principles and standards of the Ohio Ethics Law.
	www.osupurchasing.com /policies/index.asp (2546 words)

	FiM - Purchasing Power vs Pester Power - Insight Article
		While this approach is indeed suitable for children reliant on parental purchasing, it is less appropriate for those children with their own purchasing power.
		In this sector especially, the importance of kids' own purchasing power is clearly evident; Datamonitor estimates that child purchases accounted for over £1.6bn in the food industry last year alone.
		Build purchasing habits as well as brand awareness, and target these strategies appropriately, according to the purchasing power of the age-group in question.
	www.fim.uk.com /articles/pesterpower.html (529 words)

	Old House Journal: Purchasing Power (Site not responding. Last check: 2007-11-01)
		Bigger, stronger batteries are needed to power reciprocating saws and hammer drills, but not other tools-such as light-duty saws, finish sanders, or the most popular cordless tool of all: the 3/8" drill/driver.
		When you're operating high in the air or in a building without power supply, just how long a battery will last between charges may be more important than how much brute strength it has.
		Chargers apply power to the battery where this electrical energy is stored as chemical energy.
	www.oldhousejournal.com /magazine/2001/march_april/purchasing_power/index.shtml (1284 words)

	Purchasing Power excerpt (Site not responding. Last check: 2007-11-01)
		It is a testament to the emotional power of the doll studies that, although they were never directly referenced in the court's decision, it is often asserted that it was these very studies that convinced the Supreme Court justices that segregated schools caused what were then referred to as "Negro children" unconscionable damage.
		Makers of ethnically correct dolls attempt to harness the power of the Clark studies to the moral force of the civil rights movement in producing ethnically correct dolls whose ostensible purpose is to make kids feel better about themselves as they play with toys that look like them.
		In the realm of childhood, ethnically correct dolls have proven to be a powerful medium through which notions of race have been mass-marketed by both mainstream and minority manufacturers, without seeing significant challenge or remolding in either literal or figural terms, except, perhaps, among children themselves.
	www.upress.umn.edu /PurchasingPower.html (1110 words)

	Purchasing Power
		Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase.
		A simple way to think about purchasing power is to imagine if you made the same salary as your grandfather.
		In the United States you can purchase up to 50% of securities on margin, so, if you had $10,000 in a margin account, you'd be able to purchase up to $20,000 worth of securities.
	www.investopedia.com /terms/p/purchasingpower.asp (299 words)

	ETI Urban Purchasing Power Methodology Page
		The University of Wisconsin-Milwaukee Employment and Training Institute provides comparison data on purchasing power, business activity, and workforce density for all residential ZIP codes and the 100 largest metro areas in the U.S. The profiles are designed to help cities, businesses, developers, and organizations assess the advantages of urban density for underserved city neighborhoods.
		All of the expenditure categories in the ETI Purchasing Power Profiles except for food-away-from-home (which is not in the NAICS retail sector) are included in the estimates for each census tract.
		The ETI Purchasing Power Profile methodology was developed by John Pawasarat, director of the UWM Employment and Training Institute; Dr. Frank Stetzer, senior information processing consultant for the UWM Information and Media Technologies Division; and Dr. Lois Quinn, senior scientist at the Employment and Training Institute.
	www.uwm.edu /Dept/ETI/PurchasingPower/ETImethodology.htm (2391 words)

	EPA - GPP - Buy Green Power (Site not responding. Last check: 2007-11-01)
		Decide on the appropriate green power purchasing scope for your green power purchase.
		Organizations that are ready to make a green power commitment can join EPA's Green Power Partnership, which can help lower the costs and increase the value of their green power purchase.
		Organizations that are ready to commit to buying green power can join the Green Power Partnership to receive technical assistance and recognition for green power purchasing.
	www.epa.gov /greenpower/buygreenpower/index.htm (397 words)

	what is purchasing power parity.htm
		Purchasing power parity is an economic technique used when attempting to determine the relative value...
		As the purchasing power of the world continues to rise, people are developing a voracious appetite for more...
		When purchasing a uninterruptible power supply, it is important to consider what equipment must be kept ru...
	www.wisegeek.com /s/what-is-purchasing-power-parity.htm (1071 words)

	ETI Purchasing Power Profiles and Rankings for 100 Metro Areas (Site not responding. Last check: 2007-11-01)
		To access purchasing power maps of "food at home" and of "apparel and related services" by census block group for each of the 100 largest metro areas, go to the ETI Metro Maps Page.
		To access data on purchasing power, business activity, and workforce density per square mile for any of the 100 largest metro in the U.S., go to the ETI Metro Areas Data Page.
		To access data on purchasing power and workforce density per square mile for any Census tract in the U.S., go to the ETI Census Tract Data Page.
	www3.uwm.edu /Dept/ETI/Etizip.cfm (167 words)

	MMBDC
		According to research, an increase in minority purchasing power in the state of Michigan will outpace the expansion of non-minority purchasing power by considerable amounts during the next five years.
		The combined buying power of these three groups expanded from $629 billion in 1990 to $1.3 trillion in 2000.
		Further, by the year 2045, total minority purchasing power is expected to reach $4.3 trillion, accounting for 32 percent of overall purchasing power in the U.S. Dollars spent by minorities is projected to reach 50% of non-minority spending by the year 2045, up from 25% in 2000.
	www.mmbdc.com /html/aboutmmbdc/html/minority_purchasing_power.htm (137 words)

	Purchasing Power
		Purchasing Power is a unique employee benefit program that provides employees with a convenient and affordable way to purchase quality, name-brand personal computer bundles and related products and services, regardless of credit status and with the convenience of payroll deduction.
		Without a plan like Purchasing Power, some individuals and families might never have the opportunity to prepare themselves for the future.
		Through Purchasing Power, you are only moments away from the technology you and your family need to succeed at work and at school.
	www.purchasingpower.com (171 words)

	DEBT: Part 4 - The Purchasing Power Abyss
		Dollars are exchanged as units of purchasing power because of legal tender laws and because federal, state, and local taxes are denominated in dollars.
		Fourth, insider gains in purchasing power, from the Federal Reserve price-fixing of financial markets is fraudulent and theft of purchasing power from those investors who do not know that "the fix is in".
		Since the only value of dollars is purchasing power, the theft of part of the purchasing power of dollars is de facto the same as the theft of a portion of dollars from any purse, wallet or bank account.
	www.gold-eagle.com /editorials_02/smithf052802.html (7663 words)

	ABAG Power Program
		ABAG POWER's primary goal is to conduct pooled purchasing of natural gas and electricity on behalf of local governments and special districts who voluntarily join the Pool.
		The Program's gas purchasing strategy and cost allocation methods are designed to give members a reasonable degree of certainty of the costs to be shared.
		ABAG POWER suspended its electric aggregation program in July 2001 due to the volatility in the electric ener gy industry, and in September 2001 the California Public Utilities Commission (CPUC) suspended all new electric aggr egation programs.
	www.abag.ca.gov /services/power (521 words)

	Switzerland on top for purchasing power in Europe (Site not responding. Last check: 2007-11-01)
		Senior managers in Switzerland have the highest purchasing power in Europe while those in Latvia are worst off, according to a new study by Mercer Human Resource Consulting.
		Mercer examined the average salaries of senior managers in 24 European countries, and calculated their purchasing power based on tax and social security deductions and the local cost of living.
		The survey also revealed that purchasing power for senior managers in Hong Kong, Australia, Japan and the USA is higher than the European average.
	www.mercerhr.com /pressrelease/details.jhtml/dynamic/idContent/1179670 (496 words)

	Gillette's chief executive puts power into purchasing - 7/18/2002 - Purchasing (Site not responding. Last check: 2007-11-01)
		For purchasing, this meant pulling together all of the various organizations around the globe that shell out a combined $4 billion a year for Gillette.
		So while purchasing professionals lead the company's cross-functional strategic sourcing teams, it is mostly direct users of goods or services who staff them.
		On the contrary, he says the size of the purchasing and supply chain organization is expected to shrink over time as tactical buying work is pushed out to end users and/or automated.
	www.purchasing.com /article/CA233213.html (1975 words)

	University Business: Purchasing Power (Site not responding. Last check: 2007-11-01)
		"If Purchasing and Payable folks are so dragged down by transactions, and not doing strategic work, somebody should be looking at it," says Windley, who is also on the faculty of the National Association of Education Buyers (NAEB) (www.naeb.org) procurement academy.
		The elevation of the Purchasing department to a strategic function represents a major advance in the status of a department long looked on as a bureaucratic necessity that faculty and staff tried to maneuver around.
		Moreover, 90 percent of purchasing orders are entered in the field and routed electronically to vendors.
	www.universitybusiness.com /page.cfm?p=614 (2268 words)

	How Much Is That Worth Today? \| EH.Net (Site not responding. Last check: 2007-11-01)
		Comparing the purchasing power of money in the United States (or colonies) from 1665 to 2005.
		If you are only interested in comparing the value of an amount of money in one past year in the prices of another year, you can use this sentence.
		John J. McCusker, "Comparing the Purchasing Power of Money in the United States (or Colonies) from 1665 to 2005." Economic History Services, 2006, URL : http://www.eh.net/hmit/ppowerusd/.
	eh.net /hmit/ppowerusd (270 words)

	Purchasing - Campus Ecology - National Wildlife Federation
		Using their purchasing power, campuses can actually help drive markets for more sustainable goods, such as energy efficient office equipment, environmentally friendly paper, recycled furniture and office supplies, even organic food.
		Student research projects related to purchasing, along with background information and tips for conducting campus environmental research on these topics, can be found in the Campus Ecology Research Station.
		Many projects described in this resource dovetail with purchasing issues and document how student involvement in assistance with the research and testing of new products can be vital to the success of a variety of campus greening projects.
	www.nwf.org /campusEcology/dspGreening.cfm?iid=9 (368 words)

	Purchasing Power Parity
		Purchasing power parity (PPP) is a theory which states that exchange rates between currencies are in equilibrium when their purchasing power is the same in each of the two countries.
		The simplest way to calculate purchasing power parity between two countries is to compare the price of a "standard" good that is in fact identical across countries.
		One of the key problems is that people in different countries consumer very different sets of goods and services, making it difficult to compare the purchasing power between countries.
	fx.sauder.ubc.ca /PPP.html (1037 words)

	Renewable Energy: Purchasing Renewable Power Resources (Site not responding. Last check: 2007-11-01)
		Guide to Purchasing Green Power (PDF 1 MB, 50 pp)—This guide is intended for organizations that are considering the merits of buying green power as well as those that have decided to buy it and want help with the purchase.
		The Guide was written for a broad audience, including businesses, government agencies, universities, and all organizations wanting to diversify their energy supply and to reduce the environmental impact of their electricity use.
		The Power Scorecard is a rating mechanism that assesses the environmental impact of different types of electric generation.
	www.eere.energy.gov /femp/technologies/renewable_powerresources.cfm (589 words)

	Milwaukee Purchasing Power Profiles List by ZIP
		The ETI purchasing power expenditure estimates are based on detailed analyses of consumer expenditures by the U.S. Census Bureau Consumer Expenditure Surveys.
		Retail purchasing data are taken from the most recently released (December 2003) Consumer Expenditure Survey for the four quarters of the year 2002.
		The Milwaukee purchasing power profiles differ from those available on the Employment and Training Institute website.
	www.mkedcd.org /purchasingpower/ziplist.html (378 words)

	Purchasing Power Parities (PPP):Department (Site not responding. Last check: 2007-11-01)
		Purchasing Power Parities (PPPs) are currency conversion rates that both convert to a common currency and equalise the purchasing power of different currencies.
		Download the latest OECD statistics on purchasing power parities and comparative price levels.
		Purchasing Power Parities and Real Expenditures, 2002 Benchmark Year - 2004 Edition
	www.oecd.org /department/0,2688,en_2649_34357_1_1_1_1_1,00.html (84 words)

	EPA - GPP - Guide to Purchasing Green Power (Site not responding. Last check: 2007-11-01)
		The Guide to Purchasing Green Power is intended for organizations that are considering the merits of buying green power and for those that have decided to buy it and want help doing so.
		Organizations that are ready to commit to buying green power are eligible to join the Green Power Partnership, a voluntary U.S. EPA program designed to support and encourage green power purchasing.
		The Green Power Partnership offers recommended minimum levels of purchasing and provides Partners with information and recognition for their purchases.
	www.epa.gov /greenpower/buygreenpower/guide.htm (203 words)

	How Much Is That Worth Today? \| EH.Net (Site not responding. Last check: 2007-11-01)
		For example, you may want to know: How much money would you need in the year 2002, to have the same "purchasing power" of £500 in year 1975.
		This work may be copied for non-profit educational uses if proper credit is given to the authors.
		Lawrence H. Officer, "Comparing the Purchasing Power of Money in Great Britain from 1264 to 2005." Economic History Services, 2004, URL: http://eh.net/hmit/ppowerbp/.
	eh.net /hmit/ppowerbp (287 words)

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