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The Big Mac Index URL: http://www.economist.com/markets/Bigmac/ Description: "[The] Big Mac index is based on the theory of purchasing-power parity, under which exchange rates should adjust to equalise the cost of a basket of goods and services. ... Our basket is the Big Mac" (a hamburger produced by the fast-food chain, McDonald's). Includes comparisons of recent international Big Mac prices, a "Coca-Cola map of the world," and articles about McDonald's and fast food. From The Economist. LII Topics: Economics, Foreign Exchange Rates, Indicators & Statistics, Money Publisher: The Economist Newspaper Limited Extra Keywords exchange rates Burgernomics equalize Library of Congress Subject Headings: Foreign exchange rates Purchasing power LII Database Information: Record 20904 created by Maria Brandt on 03/13/2006 Last modification on 03/15/2006 Published: 03/16/2006 Funding agency: California State Library LII Item ID: http://lii.org/cs/lii/view/item/20904 |
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