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

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. .