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6/07/2013

Topic Reading-Vol.422-6/7/2013

Dear MEL School’s Topic Readers,
Disney raises U.S. theme park prices up to 9.6 percent.
In America, while you pay just about $4.20 on average to fill your stomach with a Big Mach, you will be asked to pay $95 for a one-day passport to the Magic Kingdom in Florida and $92 in Anaheim, California for this summer respectively. This means you can eat nearly 22 Bic Macs for a one-day ticket to Disney.
Let’s compare. In Japan, this Disney-Bic Mac index is about 19 as a one-day passport to Tokyo Disney Land costs JPY6,200 and a Bic Mac costs JPY320.
As you can see, the ratios of these two countries aren’t that different. However, how come a nearly 10% hike at once right before summer holidays while the average 30-year fixed mortgage is only around 4%?
Enjoy reading and learning about this aggressive Mickey’s move.

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