A Big Mac Takes Hard Work
August 15, 2006 · Print This Article
I was on my second year of college when I had a bite on my first Big Mac. Sure it was delicious but back then, I considered it expensive compared to my meager allowance. So I patronized their cheeseburger meal instead.
Nowadays, whenever I feel the urge to eat at McDonald’s, I’ll order for a Big Mac meal with a sundae hot fudge and that puts a smile on my face as big as Ronald’s.
Recently, I read in the news that the said burger is not only good in satisfying one’s hunger but is also an effective survey tool as well. Below is an excerpt of that article.
A Tokyo paycheck buys the most
Purchasing power also high in U.S. cities, based on Big Mac
Residents of Tokyo have the highest purchasing power in the world, edging out people in Toronto, Montreal, Los Angeles, Sydney, Australia, and London, according to a new survey by the Swiss banking giant UBS that uses the “Big Mac” as its benchmark.Tokyo scored at the top of the survey, which aims to eliminate variables such as exchange rates, even though it is one of the most expensive cities in the world, UBS said in the Prices and Earnings report released yesterday.
“Wages only become meaningful in relation to prices — that is, what can be bought with the money earned,” it said.
Purchasing power ranking of cities based on the number of minutes of work required to buy a Big Mac, according to a study conducted by Swiss banking giant UBS. The rating was based on the local price of the product divided by the weighted net hourly wage in 14 professions.
read full story here
Another source stated the working time needed (in minutes) to buy one (1) Big Mac:
(1) Tokyo 10; (2) Los Angeles 11; (3) Chicago 12; (4) Miami 12; (5) New York 13; (6) Auckland, New Zealand 14; (7) Sydney, Australia 14; (8) Toronto 14; (9) Dublin, Ireland 15;(10) Zurich, Switzerland 15
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(61) Bucharest, Romania 69; (62) Sofia, Bulgaria 69; (63) Bombay, India 70; (64) Manila, Philippines 81; (65) Mexico City 82; (66) Caracas, Venezuela 85; (67) Jakarta, Indonesia 86; (68) Lima, Peru 86; (69) Nairobi, Kenya 91; (70) Bogota, Colombia 97
nde ko pa talaga natiktikman ang champ at big mac.. kuripot kasi ako.. iniisip ko na sa isang ganyan marami na akong mabibili na mga cheap na pagkain
hi! thanks for visiting my blog…
gutom tuloy ako… korek! sarap nga ng big mac… tsk tsk… gutom na ako…
God bless!
The survey said it will take me l4 minutes to afford a BIG Mac. I said what? I can’t remember when was the last time I had a Big Mac. O.K. i admit i don’t like The big mac, I’d rather had wendy’s old fashion burg. and maybe it will take me l5 minutes. what the heck is another minute, i’ll work an extra minute for my wendy’s. Pretty soon i’ll be retiring, then I’ll tell mr. survey, now i don’t have to work any minute to buy the biggest mac.
Enjoy your Big Mac Meal!
jinjiruks:
kuripot ka nga. hahaha. pero minsan i treat mo din ang sarili mo. ^_-
paul:
thanks also for visiting paul.
vic:
i like wendy’s too.
sidney:
thanks! enjoy your day as well…
honga.. love yourself naman.. pamper yourself.. pero anu magagawa ko.. alipin na ako.. huhu