Studing economy of e-Serbia and e-Greece [en]
HonoreDeBalzac
The aim of this article is the display of the economy of two different countries (Serbia & Greece).
Because prices, exchange rates, wages etc etc are fluid and changeable during the day, its' impossible to conduct such a study
Nevertheless, every day for 7 days at specific time 09.00am (before the market wakes up and while the market was sleeping),I recorded the prices of
1. Wages
2. prices q5
3. Currency
Those records ara a satisfactory "image" & "sample" of the market.
The data records and the changes of them, we see in the following table
With the help of this table we can calculate the following
1. value tank / gold
2. Purchasing power of wages (tank / salary)
3. Purchasing power of gold (1cc =..... gold) tanks / 1gold
4. Purchasing power of currency (1gold =..... cc) tanks / CC
Lets see the table...
With the help of those two tables, we can design "graphs"
Graph No1
Its obvious, in GREECE prices are almost constant, while in Serbia the prices rise dramatically
Graph No2
Wages are "stable" at Greece, while in Serbia wages increased by 40%.
q5 owners hire and fire manpower in order to increase production. This "tactic" push the wages high! This is a major and severe problem.
Graph No3
In this graph we see the "purchase power of salary"
6th Aug , In serbia you could buy 4q5, while in Greece same day, with the same "click" you could buy hardly 3q5. Its a paradox!
Graph No4
In this graph we see the "value of tank in gold "for each Country!
Comments ??? "Put your brain to function mode xD"
Graph No5
How many tanks can we buy from the local market with 1gold? This graph tell us the purchase power of 1gold (1cc=...g)
Comments ??? "Put your brain to function mode xD"
Graph No6
How many tanks can we buy from the local market with CC? This graph tell us the purchase power of CC (1g=...cc)
if 1gold=400rsd and 1q5=30,29rsd then 1g=400rsd=13,2q5
Conclusions
Buy "smart", buy "cheap".
Protect yourself from the "sharks".
"Evaluate" the offers from the "black market".
"Evaluate" the wage, the price
"Evaluate" the proper time to sell or stock a product
Why not? "speculate"
If ya find this article interesting, then vote it - sub it and -shout it in order to read as many people as possible.
Hail eGreece (its my native country)
Hail eSerbia (thnx for allowing me to live in your country)
Comments
Very Nice, like a research paper!
ДЕМОКРАТИЈА: http://www.erepublik.com/en/article/-1-1838595/1/20
Do you have some statistics on the trend of prices and exchange rates during one day?
Great job o/
Hail Greece!
Hail Serbia!
@black Schole. Ya can do it by yourselft mate. If ya do this, ya will see that prices are low when market "wakes up" and prices getting higher during the day....
10.00-11.00 its the best time for cheap products xD
As far as concern "rates", there isnt a golden formula ><
very nice research!! epsilon voted !!
v
v
"6th Aug , In serbia you could buy 4q5, while in Greece same day, with the same "click" you could buy hardly 3q5. Its a paradox!"
Why paradox? We have three (for about half of hour four) weapon resources. Serbia have highest salaries in eWorld.
tank value for today:
Serbia: 32.63/420 = 0.77
Greece: 37.97/520 = 0.73
Your calculation is based on local currency/gold value and this is totally wrong
@banonavi. check your calculations again xD
i sta je pisac time hteo da kaze ???
v+s
Hail Serbia \o/
Hail Greece \o/