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Määritelmät
Substantiivi
- An informal measurement of the purchasing power parity between currencies, based on the price of a Big Mac in various countries.
Samankaltaisia sanoja
Esimerkit
- Burgernomics is based upon the theory of purchasing-power parity (PPP)...
- Both The Economist's and Smart's study move at the intersection between burgernomics and burgerology. But they also move across each other and thereby point to a more general contrast.
- Light-hearted burgernomics has become a matter of increasing academic interest and has spawned many articles and even a whole book by Ong (2003) of the International Monetary Fund.
- Burgernomics hints that their currencies are a little overcooked.
- Curiously, however, burgernomics has an impressive record in predicting exchange rates: currencies that show up as overvalued often tend to weaken in later years.
Luokat
An informal measurement of the purchasing power parity between currencies, based on the price of a Big Mac in various countries.
Big Mac index, November 2022
An informal measurement of the purchasing power parity between currencies, based on the price of a Big Mac in various countries.
A McDonald's Big Mac hamburger
An informal measurement of the purchasing power parity between currencies, based on the price of a Big Mac in various countries.
How many burgers do you get for $50? (January 2012, equivalent to $68 in 2024)