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Purchasing power

The Big Mac Index view detail comment email this

"[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? view detail comment email this

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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