Simon King <[EMAIL PROTECTED]> writes: > So how many Big Macs in a MZ-S in Norway (is that where "no" is?)
328. So its real price is significantly lower than in Australia: > I just checked the price of a Big Mac here in Perth, Western > Australia, and was informed by the chirpy McStaffer that they cost > AU$3.25. I can buy an MZ-S for about AU$1,650 > Ergo; MZ-S = 507.7 Big Macs Going a bit further, the Big Mac is NOK 35.00 right now, and the MZ-S is NOK 11500. At 4.063 NOK/AUD, the MZ-S is AUD 2830 in Norway, or 72% more than in Australia, but the Big Mac is AUD 8.61; 165% more! Burgernomics says that the exchange rate should be 10.77 NOK/AUD, so the relative valuation of the currencies seems to be way off: either the Australian dollar is undervalued, or the Norwegian krone is overvalued, or a combination of both. This certainly rhymes with the fact that the krone is at a record high right now... -tih -- Popularity is the hallmark of mediocrity. --Niles Crane, "Frasier" - This message is from the Pentax-Discuss Mail List. To unsubscribe, go to http://www.pdml.net and follow the directions. Don't forget to visit the Pentax Users' Gallery at http://pug.komkon.org .
