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Big Mac index, November 2022. The Big Mac Index is a price index published since 1986 by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and providing a test of the extent to which market exchange rates result in goods costing the same in different countries.
This is the map and list of European countries by monthly average wage (annual divided by 12 months), gross and net income (after taxes) for full-time employees in their local currency and in euros.
Minimum wages by country (other territories). Currencies: local, USD, Eur, and Int$ PPP. Country Monthly minimum wage Hourly rate (gross) Exchange rate to EUR Effective at Net Net [7] [i] Gross Local currency Local USD PPP [7] [ii] Kosovo: 326 [217] 934 350 €350.00 [218] [219] €2.00 [220] 2.18 [221] 5.73 1 1 Oct 2024 Northern Cyprus
U.S. dollars (billions) 2019 US$ (billions) Approximate percentage of Germany's GNP in 1925 [Note 2] Initial German offer, 24 April 1921 50 (capital value) or 200 in annuities (nominal value) [46] [110] 12.5 – 50 [Note 3] 179 – 717 53% – 184% J.M. Keynes proposal in The Economic Consequences of the Peace, 1919 40 [Note 3] 10 147 38%
The second issue quickly became nearly worthless—but it was redeemed by the new federal government in 1791 at 100 cents on the dollar. At the same time the states, especially Virginia and the Carolinas, issued over 200 million dollars of their own currency. In effect, the paper money was a hidden tax on the people, and indeed was the only ...
New Scientist stated in 1977 that "the price of an American kit in dollars rapidly translates into the same figure in pounds sterling by the time it has reached the shores of Britain". [92] The Commodore 64 was also popular, but a BYTE columnist stated in 1985: [93] It's not easy for a U.K. citizen to write about home computers for an American ...