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.
At absolute purchasing power terms a salary of USD 3333 in India is equivalent to a salary of nearly USD 10,000 in the US. However, this has to be taken with a pinch of salt as the some of the goods and services would almost be equally priced.