Advertisement
by Independence Hill » Fri Apr 16, 2021 9:19 am
by Islamic Holy Sites » Fri Apr 16, 2021 9:28 am
BREAKING NEWS: Galapagos war 4 might be coming | “Aursi among best Muqaddasi allies,”, says government official | Muqaddasi weapon industry expanding WIP
by Independence Hill » Fri Apr 16, 2021 10:04 am
Islamic Holy Sites wrote:Can you redo me please? My economy basically soared now. From Weak to Reasonable.
by Islamic Holy Sites » Fri Apr 16, 2021 10:07 am
Independence Hill wrote:Islamic Holy Sites wrote:Can you redo me please? My economy basically soared now. From Weak to Reasonable.
Use these instructions below.
This is going to be a pretty straightforward post outlining how our economic data is calculated and compiled, line item.
Population: All City, State, and Federal employees, military personnel, and citizenry are added together.
Lifespan: NationStates Trends.
------------------------------------------------------------------------------------------------------------------------------------------------
IQ: (√((HDI + Intelligence + Health) - (Ignorance) x Productivity Score) / 100) + ECS = IQ
Example:
(HDI + Intelligence + Health) - (Ignorance) = z
z * Productivity Score = (y)
√(y) / 100 = x
x + Economic Classification Score = IQ.
65.49 + 40.99 + 4.06 = 110.54
110.54 - 4.78 = 105.76
105.76 x 35,000 = 3,701,600
√(3,701,600) = 1,923.9542614106
1,923.9542614106 / 100 = 19.2395426141
19.2395426141 + 85 = 104.2395426141
--------------------------------------------------------------------------------------------------------------------------------------------------
Economic Productivity Rating: This is used in an equation that tracks the exchange rate of the Universal Treasury Note. A value is attached to whichever classification the economy is given. Example: Frightening = 50,000 and is the maximum. The scoring for this is inspired by NS Economic Formulae, but not identical. Scoring is set by the United States of Independence Hill but not totally far off from NS Economic Formulae scoring.
Cost of a Gallon of Gas: √(Automobile Price * EPR / 404,000,000)
Average Cost of an Automobile: (Automobile Manufacturing x Productivity Score) / 404,000,000 x Average Income of the Poor
If your nation has an economic classification of 'Frightening,' the formula for an average cost of an automobile changes to (Automobile Manufacturing x Productivity Score) / (404,000,000 x 30) x Average Income of the Poor. (x20 for all consuming. X10 for powerhouse.)
Average Cost of Rent Per Month:
poorest 10% income x avg income = x
x/average cost of a house = y
√(y) = z multiplied by a score from below-
Frightening (x1.75)
All Consuming (x1.50)
Powerhouse (x1.25)
Thriving (x1)
Numbers growing larger with higher economic classifications addresses inflationary phenomena.
Example applied: Economy = Thriving
Exchange rate is []1.00 = $2.84
35,475.61 x 86,654.57 = 3,074,123,730.0377
3,074,123,730.0377 / 129,185.75 = 23,796.15189785019
√(23,796.15189785019) = []154.2600139305393 ($438.0984395627317)
[]154.2600139305393 x 1 = []154.2600139305393/Month's Rent
Average Cost of a House: ((Timberwood Chipping + Manufacturing + Scientific Advancement) x Productivity Score) / 404,000,000 x Average Income of the Poor + Average Income = Average Price of a House.
Unemployment Rate:
(100 - Employment) / Black Market = (X + Unemployment Score) as a percentage
100 - 81 = 19
19 / 217.8 (Blackmarket converted into a decimal) = 0.088
√(0.088) + 2 = 2.30%
Exports: NSDossier
Imports: NSDossier
Balance of Trade: How much more or less are we importing than exporting...
Minimum Wage: Avg income of the poor divided by Public Education (if public education value is zero or a negative number, no minimum age is established. Nations with high minimum wage may also have a high inflation rate, but more experimentation is required to know for sure.)
Average Exchange Rate: Exchange rate averaged between members of the region, values taken from NSDossier.
Absolute Exchange Rate: √(GRP Per Capita * EPR / 404,000,000) This is going to be the square root of (GRP per capita multiplied by the Economic Productivity Rating and then divided by 404,000,000).
Cost of a Gallon of Gas: √(Automobile Price * EPR / 404,000,000)
Inflation: Subtract the starting date exchange rate from the end date exchange rate and divide by the starting date exchange rate. Multiply by 100 and your answer is the rate as a percentage.
Federal Income Tax: Set by the United States of Independence Hill and applies to every citizen of every State in the nation.
State Income Tax: Each member of the United States of Independence Hill region is classified by the Federal Government as a State and their taxes apply only to the citizens of their State.
Average Income: NationStates Trends.
Consumer Spending: NSDossier.
GRP: GDP of all members added together
GRP per capita: NS Trends (GRP / Population)
Federal Budget: Percentage of GDP listed in the Government section applied GRP.
Federal Spending: This can also be found in the Government section, It's the raw number expressed instead of the percentage.
Surplus/Deficit: This can be found by subtracting Federal Spending from Federal Budget. A positive number, of course, is a surplus. Negative means deficit.
Money Supply: GDP or GRP minus 50 Trillion. NS Trends
Savings & Investment: GDP or GRP minus Consumer Spending.
Velocity of Money: GDP or GRP divided by Money Supply. NS Trends
Joseph Stockdale Business Index: Combines values of all industries minus arms and automobile manufacturing in NS Trends.
Erickson Manufacturing Index: Value of manufacturing in NS Trends.
Varnacki Agricultural Index: Value of agricultural output in NS Trends.
Economic Productivity, Classification, Unemployment score, & Rent Multiplier: (Productivity / Classification / *Unemployment Score / Rent Multiplier)
Frightening = 50,000 / 100 / +2 / (x1.75)
All-Consuming = 45,000 / 95 / +2.50 / (x1.50)
Powerhouse = 40,000 / 90 / +3.00 (x1.25)
Thriving = 35,000 / 85 / +3.50
Very Strong = 30,000 / 80 / +4.00
Strong = 25,000 / 75 / +4.50
Good = 20,000 / 70 / +5.00
Fair = 15,000 / 65 / +6.00
Reasonable = 10,000 / 60 / +7.00
Developing = 5,000 / 55 / +8.00
Struggling = 3,000 / 50 / +9.00
Weak = 1,000 / 45 / +10.00
Fragile = 500 / 40 / +12.00
Basket Case = 250 / 35 / +14.00
Imploded = 100 / 30 / +16.00
Thanks
(*Lower Unemployment Scores Are Better)
BREAKING NEWS: Galapagos war 4 might be coming | “Aursi among best Muqaddasi allies,”, says government official | Muqaddasi weapon industry expanding WIP
by Independence Hill » Fri Apr 16, 2021 10:43 am
Islamic Holy Sites wrote:Independence Hill wrote:
Use these instructions below.
This is going to be a pretty straightforward post outlining how our economic data is calculated and compiled, line item.
Population: All City, State, and Federal employees, military personnel, and citizenry are added together.
Lifespan: NationStates Trends.
------------------------------------------------------------------------------------------------------------------------------------------------
IQ: (√((HDI + Intelligence + Health) - (Ignorance) x Productivity Score) / 100) + ECS = IQ
Example:
(HDI + Intelligence + Health) - (Ignorance) = z
z * Productivity Score = (y)
√(y) / 100 = x
x + Economic Classification Score = IQ.
65.49 + 40.99 + 4.06 = 110.54
110.54 - 4.78 = 105.76
105.76 x 35,000 = 3,701,600
√(3,701,600) = 1,923.9542614106
1,923.9542614106 / 100 = 19.2395426141
19.2395426141 + 85 = 104.2395426141
--------------------------------------------------------------------------------------------------------------------------------------------------
Economic Productivity Rating: This is used in an equation that tracks the exchange rate of the Universal Treasury Note. A value is attached to whichever classification the economy is given. Example: Frightening = 50,000 and is the maximum. The scoring for this is inspired by NS Economic Formulae, but not identical. Scoring is set by the United States of Independence Hill but not totally far off from NS Economic Formulae scoring.
Cost of a Gallon of Gas: √(Automobile Price * EPR / 404,000,000)
Average Cost of an Automobile: (Automobile Manufacturing x Productivity Score) / 404,000,000 x Average Income of the Poor
If your nation has an economic classification of 'Frightening,' the formula for an average cost of an automobile changes to (Automobile Manufacturing x Productivity Score) / (404,000,000 x 30) x Average Income of the Poor. (x20 for all consuming. X10 for powerhouse.)
Average Cost of Rent Per Month:
poorest 10% income x avg income = x
x/average cost of a house = y
√(y) = z multiplied by a score from below-
Frightening (x1.75)
All Consuming (x1.50)
Powerhouse (x1.25)
Thriving (x1)
Numbers growing larger with higher economic classifications addresses inflationary phenomena.
Example applied: Economy = Thriving
Exchange rate is []1.00 = $2.84
35,475.61 x 86,654.57 = 3,074,123,730.0377
3,074,123,730.0377 / 129,185.75 = 23,796.15189785019
√(23,796.15189785019) = []154.2600139305393 ($438.0984395627317)
[]154.2600139305393 x 1 = []154.2600139305393/Month's Rent
Average Cost of a House: ((Timberwood Chipping + Manufacturing + Scientific Advancement) x Productivity Score) / 404,000,000 x Average Income of the Poor + Average Income = Average Price of a House.
Unemployment Rate:
(100 - Employment) / Black Market = (X + Unemployment Score) as a percentage
100 - 81 = 19
19 / 217.8 (Blackmarket converted into a decimal) = 0.088
√(0.088) + 2 = 2.30%
Exports: NSDossier
Imports: NSDossier
Balance of Trade: How much more or less are we importing than exporting...
Minimum Wage: Avg income of the poor divided by Public Education (if public education value is zero or a negative number, no minimum age is established. Nations with high minimum wage may also have a high inflation rate, but more experimentation is required to know for sure.)
Average Exchange Rate: Exchange rate averaged between members of the region, values taken from NSDossier.
Absolute Exchange Rate: √(GRP Per Capita * EPR / 404,000,000) This is going to be the square root of (GRP per capita multiplied by the Economic Productivity Rating and then divided by 404,000,000).
Cost of a Gallon of Gas: √(Automobile Price * EPR / 404,000,000)
Inflation: Subtract the starting date exchange rate from the end date exchange rate and divide by the starting date exchange rate. Multiply by 100 and your answer is the rate as a percentage.
Federal Income Tax: Set by the United States of Independence Hill and applies to every citizen of every State in the nation.
State Income Tax: Each member of the United States of Independence Hill region is classified by the Federal Government as a State and their taxes apply only to the citizens of their State.
Average Income: NationStates Trends.
Consumer Spending: NSDossier.
GRP: GDP of all members added together
GRP per capita: NS Trends (GRP / Population)
Federal Budget: Percentage of GDP listed in the Government section applied GRP.
Federal Spending: This can also be found in the Government section, It's the raw number expressed instead of the percentage.
Surplus/Deficit: This can be found by subtracting Federal Spending from Federal Budget. A positive number, of course, is a surplus. Negative means deficit.
Money Supply: GDP or GRP minus 50 Trillion. NS Trends
Savings & Investment: GDP or GRP minus Consumer Spending.
Velocity of Money: GDP or GRP divided by Money Supply. NS Trends
Joseph Stockdale Business Index: Combines values of all industries minus arms and automobile manufacturing in NS Trends.
Erickson Manufacturing Index: Value of manufacturing in NS Trends.
Varnacki Agricultural Index: Value of agricultural output in NS Trends.
Economic Productivity, Classification, Unemployment score, & Rent Multiplier: (Productivity / Classification / *Unemployment Score / Rent Multiplier)
Frightening = 50,000 / 100 / +2 / (x1.75)
All-Consuming = 45,000 / 95 / +2.50 / (x1.50)
Powerhouse = 40,000 / 90 / +3.00 (x1.25)
Thriving = 35,000 / 85 / +3.50
Very Strong = 30,000 / 80 / +4.00
Strong = 25,000 / 75 / +4.50
Good = 20,000 / 70 / +5.00
Fair = 15,000 / 65 / +6.00
Reasonable = 10,000 / 60 / +7.00
Developing = 5,000 / 55 / +8.00
Struggling = 3,000 / 50 / +9.00
Weak = 1,000 / 45 / +10.00
Fragile = 500 / 40 / +12.00
Basket Case = 250 / 35 / +14.00
Imploded = 100 / 30 / +16.00
Thanks
(*Lower Unemployment Scores Are Better)
by Union of Nobelia » Fri Apr 16, 2021 6:49 pm
Independence Hill wrote:Union of Nobelia wrote:Taking into account the previous statistics, how do you consider the economic outlook of the nation?
In my opinion it is very efficient in terms of production and purchasing power.
As far as the economic outlook of your nation, I feel it may be too late for you to cut taxes considering your incomes and costs are very high, because tax cuts create growth and will further exacerbate this situation. An automobile takes up almost one's entire salary in the poorest bracket and you're paying way too much for gasoline. Keep in mind, these automobiles and their fuels, they're of very high quality, which contributes to their costs. The demand is there because you're a nation of 3+ Billion with a very high level of technology and low unemployment. People are busy and they need to get to where they're going. Residential Property costs are out of control, but rents are reasonable.
Your entire nation seems to be one never ending city, with the average residential property being large buildings housing hundreds of apartments. The automobiles seem to be self driving and almost fully autonomous. It seems the only remedy I can think of for your ever rising costs is to specialize your economy (not completely or to a point of insanity) toward a vital industry. You're at a level where you need to strategically import products from your region that your nation would already be terrible at making anyway. The only way you can put this into action is to answer issues that would allow you to preserve what you want and implode what you don't want.
Keep your taxes where they're at until you have found the industry you want to depend on domestically and have imploded the ones you don't want. As your economy heals from the damage, cut taxes to stimulate demand and spending.
Thank you very much for your contribution and your view of the economic landscape of our nation.
I must say that housing in our country is an obligation of the State (that is, the government) to provide decent and free housing (due to the high taxes charged) even for people who have nationality (immigrants) or double citizenship. The government must provide the needs and services of a home (LP gas, water, electricity, internet "because they are smart houses or artificial intelligence and they need it", ...) at the beginning a bonus is given so that people furnish their home. This service is from the government and this as a Social Program for development, therefore citizens must send an application (this does not apply to people who are licensed to be in our nation, in that type a space is assigned as temporary housing) . In the end they will be able to choose where to live so that it is close to community services (museum, school, police, etc.) and commercial areas, either in the state of origin or in another state to live.
Information, application and interesting facts about our nation
by Independence Hill » Sat Apr 17, 2021 6:15 am
Union of Nobelia wrote:Independence Hill wrote:
Report for: Union of Nobelia
------------------------------------------------------------General Information----------------------------------
Date: 4/14/21
Total Population: 3.997 B
National Civil Rights: 75.44 (Superb)
National Economy: 100.15 (Frightening)
National Political Freedom: 69.14 (Excellent)
Avg IQ: 134.58
------------------------------------------------------------------------Economy---------------------------------
GRP: K754 T
GRP Per Capita: K188,641.48
Money Supply: K704 T ($3.4 Q)
Velocity of Money: 1.07
Exchange Rate: K1.00 = $4.83
Avg Income: Poorest 10%: K156,426.71 ($755,541.01) | Middle Class: K188,650.61 ($911,182.45) | Wealthiest 10%: K222,981.00 ($1,076,988.23)
Unemployment Rate: 2.41%
Minimum Wage: K11.87/hr ($57.33/hr)
Avg Cost of an Automobile: K118,447.35 ($572,100.7)
Avg Cost of a Gallon of Gasoline: K8.41/Gal ($40.62/Gal)
Avg Cost of a Residential Property: K671,300.38 ($3,242,380.84)
Avg Monthly Rental Costs: K209.67/Month ($1012.71/Month)Taking into account the previous statistics, how do you consider the economic outlook of the nation?
In my opinion it is very efficient in terms of production and purchasing power.
by Independence Hill » Sat Apr 17, 2021 7:45 am
by PANAMERICAN » Sun Apr 18, 2021 5:51 am
by Freitzburg » Sun Apr 18, 2021 5:59 am
by Independence Hill » Sun Apr 18, 2021 9:58 am
PANAMERICAN wrote:Can you do a report for my nation please.Can you access the strengths and weakness of my nation's economy.
by Independence Hill » Sun Apr 18, 2021 9:59 am
by Independence Hill » Sun Apr 18, 2021 10:26 am
Tyrantio Land wrote:This seems cool, Could you please do one for Tyrantio Land
by Freitzburg » Wed Apr 21, 2021 9:37 pm
Independence Hill wrote:
REPORT FOR: Freitzburg
------------------------------------------------------------General Information----------------------------------
Date: 4/18/21
Total Population: 918 M
National Civil Rights: 51.59 (Average)
National Economy: 100.04 (Frightening)
National Political Freedom: 65.62 (Very Good)
Avg IQ: 128.31
------------------------------------------------------------------------Economy---------------------------------
GRP: 137 T
GRP Per Capita: 149,237.47
Money Supply: 87 T
Velocity of Money: 1.57
Exchange Rate: 1.00 Freitzberg Franc = $4.30
Avg Income: Poorest 10%: 61,242.89 ($263,344.43) | Middle Class: 149,916.63 ($644,641.51) | Wealthiest 10%: 321,113.00 ($1,380,785.90)
Unemployment Rate: 2.76%
Minimum Wage: 12.45/hr ($53.54/hr)
Avg Cost of an Automobile: 13,474.50 ($57,940.35)
Avg Cost of a Gallon of Gasoline: 1.29/Gal ($5.55/Gal)
Avg Cost of a Residential Property: 243,364.72 ($1,046,468.30)
Avg Monthly Rental Costs: 339.90/Month ($1,461.57/Month)
by Drifterica » Thu Apr 22, 2021 5:48 am
by Independence Hill » Fri Apr 23, 2021 6:41 am
Freitzburg wrote:Independence Hill wrote:
REPORT FOR: Freitzburg
------------------------------------------------------------General Information----------------------------------
Date: 4/18/21
Total Population: 918 M
National Civil Rights: 51.59 (Average)
National Economy: 100.04 (Frightening)
National Political Freedom: 65.62 (Very Good)
Avg IQ: 128.31
------------------------------------------------------------------------Economy---------------------------------
GRP: 137 T
GRP Per Capita: 149,237.47
Money Supply: 87 T
Velocity of Money: 1.57
Exchange Rate: 1.00 Freitzberg Franc = $4.30
Avg Income: Poorest 10%: 61,242.89 ($263,344.43) | Middle Class: 149,916.63 ($644,641.51) | Wealthiest 10%: 321,113.00 ($1,380,785.90)
Unemployment Rate: 2.76%
Minimum Wage: 12.45/hr ($53.54/hr)
Avg Cost of an Automobile: 13,474.50 ($57,940.35)
Avg Cost of a Gallon of Gasoline: 1.29/Gal ($5.55/Gal)
Avg Cost of a Residential Property: 243,364.72 ($1,046,468.30)
Avg Monthly Rental Costs: 339.90/Month ($1,461.57/Month)
Can inflation be calculated from it? If yes, please guide me through it!!
by Independence Hill » Fri Apr 23, 2021 6:42 am
Sazuz wrote:Please do one for Sazuz
by Independence Hill » Fri Apr 23, 2021 6:43 am
Drifterica wrote:The Empire of Drifterica would like to request a report. Thank you in advance.
by Drifterica » Fri Apr 23, 2021 6:58 am
by Independence Hill » Fri Apr 23, 2021 7:30 am
by Independence Hill » Fri Apr 23, 2021 6:34 pm
Sazuz wrote:Merci d avance
by Independence Hill » Fri Apr 23, 2021 6:37 pm
Drifterica wrote:The Empire of Drifterica would like to request a report. Thank you in advance.
Advertisement
Return to Global Economics and Trade
Users browsing this forum: No registered users
Advertisement