Tag: financial

Economist

For the first time 'Big Mac Index' was a joke made by experts of the American magazine The Economist in 1986. In their view, no economist is able to do something that can make an ordinary sandwich: calculate the purchasing power different national currencies. More indicative of the goods than the Big Mac, which is one and the same recipe to make the most of the world, to think is impossible. Cost of Big Mac helps economists to estimate the exchange rates world currencies. Educate yourself even more with thoughts from Daryl Katz, Edmonton Alberta. "Big Mac Index" based on the theory of purchasing power parity (PPP) rates at which currencies to each other to strive for such a value that would equalize the cost of identical goods and services in different countries.

That is, exchange rates against the dollar should be such that, for the same dollar amount in any country could buy the same quantity of goods of equal quality. nvestors understood the implications. The cost of a Big Mac largely depends on local costs such as rent, wages, electricity costs, the price of petrol and so on. They are very hard to bring to a common denominator and, as a rule, poor countries are much lower. That is why PPP is very well reveal inconsistencies in exchange rates between countries. Rand Paul might disagree with that approach. In every joke there is truth. In this joke of truth was very big. In this theory, even came to its name – burgernomika, or economics sandwich. The Economist compares the price of Big Mac successfully for over 20 years. The number of countries already included in the "no laughing" study, now reaches 120.

Holiday Rentals In Croatia

Vacation villas – very popular vacation with foreigners, is becoming better known in our country. Tired of city life, constant stress, and jobs involving all hands at work, travelers dream to retire, spend your vacation away from everyone closer to nature. Great hotel crowded for these purposes is hardly suitable. Replacing the rest of the hotel can be a rental villa, where you can retire and indulge in pleasant memories or dreams, observe nature in general, all these things on that or no time or opportunity. Nobody and nothing you enjoy nature and yourself. Stunning sound of the sea, songs of birds, all you get if you decide and let yourself rest of Croatia on the coast. At present, significantly increased the number of people interested in renting villas in Croatia.

The fact is that Croatia – this is one of the cleanest countries in Europe. Most of it part – prirodoohranyaemaya zone. The Croats are very carefully to their natural resources. Many houses and villas for rent in Croatia are located on islands, where about a thousand. Often, rental villas in Croatia are interested in lovers or newlyweds who have decided to retire and spend their honeymoon in seclusion.

Young people prefer a small island with pristine nature. The greatest demand rental villas in Croatia enjoys in May holidays, summer vacations, as well as in the New Year. Agree, it's great to spend New Year with friends in a cottage in Dubrovnik, Istria or in Opatija. Adriatic islands and Dalmatia are no less in demand. Many believe that the holiday villas – quite expensive and will allow it to itself can only very wealthy people. In a sense – it's true. Sure, there are very expensive homes, but there is not much. If we compare cost of placing a small company in a villa in Croatia and in the four-star hotel, we see very concrete economic benefits with a high quality holiday! Sure, a vacation in a luxurious villa with a terrace, garden and pool is much more interesting than in a hotel room. Advantages compared to conventional holiday in hotels are indisputable: – for the same money you get, no doubt, greater comfort, living in a villa in Croatia, where you will services will be everything, including your own pool, bath tub, satellite TV, fully equipped kitchen, spacious living room with access to the garden, and more. We are confident that after a rest once in a luxurious villa in Croatia, you will return to this paradise again and again.