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Purchasing power The Big Mac Index "[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. http://www.economist.com/markets/Bigmac/ Topics: Economics, Money Last updated Mar 15, 2006 How Much Is That? On this site, "convert past values [of the U.S. dollar and British pound] into current values (and vice versa)." Includes "comparative value covering prices, purchasing power, earnings, GDP, interest rates," the price of gold, and more. http://eh.net/hmit/ Topics: Finance Last updated Aug 10, 2005 |
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