介绍:
1) Purchasing Power Parity
Using purchasing power parity we can determine that an Ipad in Argentina costs twice as much as it costs in the United States
Although people in Japan earn higher wages than Koreans. The cheaper cost of living means that Koreans earn more through purchasing power parity
Using purchasing power parity we can determine that the Hong Kong dollar is undervalued compared to the U.S dollar based on the ability to buy Big Macs.
Definition: is a technique used to determine the relative value of different currencies.
Etymology: The idea originated with the School of Salamanca in the 16th century and was developed in its modern form by Gustav Cassel in 1918.[2][3] The concept is based on the law of one price, where in the absence of transaction costs and official trade barriers, identical goods will have the same price in different markets when the prices are expressed in the same currency
2) Bull/Bear Market
Although the investors are not confident during the real estate bear market. Robert bought a bunch of houses.
Before the 2008 Financial crisis we had a bull market where the poor family bought goods they didn't need and couldn't afford
The social networking site is going through a bear market even though their financial model is to attract users without a thought to profit.
Definition:. The term "bull market is when prices are rising or are expected to rise " It is most often used to refer to the stock market, but can be applied to anything that is traded, such as bonds, currencies and commodities./ Concurrently bear market explains that prices of securities are falling, and widespread pessimism causes the negative sentiment to be self-sustaining. As investors anticipate losses in a bear market and selling continues, pessimism only grows.
Etymology: The use of "bull" and "bear" to describe markets comes from the way the animals attack their opponents. A bull thrusts its horns up into the air while a bear swipes its paws down. These actions are metaphors for the movement of a market. If the trend is up, it's a bull market. If the trend is down, it's a bear market.
3) jazzed up
Peter Jackson jazzed up the Hobbit novel for the film version by adding female characters.
The commissioner of the NHL was concerned that Americans were not interested in Hockey anymore. So he jazzed it up by encouraging fighting between players
The Chinese director decided to jazz up the period TV series by making female characters have more revealing clothing.
Definition: To make something or someone more exciting or sexy, or more appealing to contemporary tastes
Etymology: From the music form Jazz, jazz qualities have improvisation and quicker tempo
