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It’s 2011 and I’m on a plane to Miami. I’m ready to soak up some sun and kick back at my sister’s apartment in South Beach. As an afterthought, I’ve agreed to go to one of the largest electronic music festivals in the world, Ultra, for the first time.
A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. This is similar to nominal GDP per capita but adjusted for the cost of living in each country.
In 1883, 23-year-old Bernard Kroger, the fifth of ten children of German immigrants, invested his life savings of $372 (equivalent to $12,164 in 2023) to open a grocery store at 66 Pearl Street in downtown Cincinnati. [20] The son of a merchant, he ran his business with a simple motto: "Be particular.
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