Proceedings of the International Conference on Economics and Business Studies (ICOEBS 2022)

It Costs More to Purchase Eggs in Indonesia than in The US

Authors
Huda Maulana1, Eka Krisna Santoso2, *, Samsul Arifin3
1Universitas Muhammadiyah Surakarta
2Kalimantan Institute of Technology
3Bina Nusantara University (BINUS)
*Corresponding author. Email: eka.krisna@lecturer.itk.ac.id
Corresponding Author
Eka Krisna Santoso
Available Online 13 June 2022.
DOI
https://doi.org/10.2991/aebmr.k.220602.027How to use a DOI?
Keywords
purchasing power; egg; minimum wage
Abstract

One way to measure the wealth of a nation is by measuring its citizen’s purchasing power. The higher the purchasing power, the better. It means that people can consume more products with the same level of wealth. One way to measure purchasing power is by measuring how much people can purchase their essential staple, in this study, egg. Furthermore, if we want to understand whether our purchasing power is strong enough, we measure it with other countries. In this study, we will compare our purchasing power to citizens in the US. This paper will show us that comparing citizens from both countries having a minimum wage costs Indonesians more to purchase eggs.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

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Volume Title
Proceedings of the International Conference on Economics and Business Studies (ICOEBS 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
13 June 2022
ISBN
978-94-6239-582-4
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.220602.027How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

Cite this article

TY  - CONF
AU  - Huda Maulana
AU  - Eka Krisna Santoso
AU  - Samsul Arifin
PY  - 2022
DA  - 2022/06/13
TI  - It Costs More to Purchase Eggs in Indonesia than in The US
BT  - Proceedings of the International Conference on Economics and Business Studies (ICOEBS 2022)
PB  - Atlantis Press
SP  - 211
EP  - 215
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220602.027
DO  - https://doi.org/10.2991/aebmr.k.220602.027
ID  - Maulana2022
ER  -