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National currency relative value

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Kombinita Socialisma Demokratio
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National currency relative value

Postby Kombinita Socialisma Demokratio » Wed Sep 16, 2020 8:08 pm

Does the inner workings of NationStates take into account GDP/GDP per capita as well as average income and average disposable income such that one can calculate a consistent currency conversion? Using NSDossier on my own nation, I see a conversion factor to and from international dollars, but this is still inconsistent. For once I convert NSDossier's report GDP per capita from international dollars to the national currency,it is not equal to the actual user-visible average disposable income. As I understand it, GDP per capita should equal average disposable income. Is the disparity due to a lack of true methods to convert national currencies, or what am I missing?

My apologies if Technical would have been better suited; I thought that this were better because my question is not about resolving a technical issue
Last edited by Kombinita Socialisma Demokratio on Wed Sep 16, 2020 8:09 pm, edited 1 time in total.
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Comfed
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Postby Comfed » Wed Sep 16, 2020 8:13 pm

Average disposable income is, I believe, money not spent on essentials (therefore is "disposable" or "unneeded").
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Kombinita Socialisma Demokratio
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Founded: Apr 14, 2016
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Postby Kombinita Socialisma Demokratio » Wed Sep 16, 2020 8:17 pm

Comfed wrote:Average disposable income is, I believe, money not spent on essentials (therefore is "disposable" or "unneeded").

I thought that what you are describing was known as average discretionary income, and that average disposable income was average income * (1 - average tax rate).
❤Pro: Immigration, gun control, demilitarization, internationalism, socialism, direct democracy, disestablishmentarianism, feminism, open boarders, unity, peace, pacifism, vegetarianism, and lbgt+
Anti: Unfair wages/capitalism, war, military, violence, hate, ignorance, weapons, racism, imperialism, patriotism, nationalism, fascism, nativism, violent protest, ANTIFA, USA, and sexism
Collectivism score: 100
Authoritarianism score: 50
Internationalism score: 33
Tribalism score: -100
Liberalism score: 83
I apologize for all the hate and violence that has been caused and will be caused by humanity.
More detailed flag and Seal
[☮] and [_✯_] ☭
Kune ni sukcesos egale
Together we prosper equally

Вместе мы процветать в равной степени

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Comfed
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Founded: Apr 09, 2020
Psychotic Dictatorship

Postby Comfed » Thu Sep 17, 2020 6:40 am

Average discretionary income is not a stat.
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From The North Pacific. Join our forums, apply for citizenship, join our discord, the executive staff, and the North Pacific Army
Reploid Productions wrote:Dear gods, Nationstates has officially been around long enough to spark generation arguments. "You kids and your Discords too lazy to make forum accounts! In MY day we only had IRC and regional forums and WE LIKED IT!"
Doctor APJ Abdul Kalam wrote:So, Can we have an Arrangement to have Regions apply to become Feeder Regions ?
Raiders deserve to be commended for taking potentially active nations from dead regions. Prove me wrong.

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Kombinita Socialisma Demokratio
Diplomat
 
Posts: 943
Founded: Apr 14, 2016
Left-wing Utopia

Postby Kombinita Socialisma Demokratio » Thu Sep 17, 2020 7:30 pm

I know that discretionary income is not a stat, but considering the discrepancy between NSDossier's GDP per capita (in dollars) including their currency conversion factor and the average disposable income, is there a way to calculate consistently relative currency value?
❤Pro: Immigration, gun control, demilitarization, internationalism, socialism, direct democracy, disestablishmentarianism, feminism, open boarders, unity, peace, pacifism, vegetarianism, and lbgt+
Anti: Unfair wages/capitalism, war, military, violence, hate, ignorance, weapons, racism, imperialism, patriotism, nationalism, fascism, nativism, violent protest, ANTIFA, USA, and sexism
Collectivism score: 100
Authoritarianism score: 50
Internationalism score: 33
Tribalism score: -100
Liberalism score: 83
I apologize for all the hate and violence that has been caused and will be caused by humanity.
More detailed flag and Seal
[☮] and [_✯_] ☭
Kune ni sukcesos egale
Together we prosper equally

Вместе мы процветать в равной степени


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