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Title: The Economist publishes annually the "Big Mac Index" by which they compare the prices of the McDonal Post by: boland on May 18, 2016 The Economist publishes annually the "Big Mac Index" by which they compare the prices of the McDonald's Corporation's Big Mac hamburger around the world. The index estimates the exchange rates for currencies based on the assumption that the burgers in question are the same across the world and therefore, the price should be the same. If a Big Mac costs $3.73 in the United States and 320 yen in Japan, what is the estimated exchange rate of yen per dollar as hypothesized by the Hamburger index?
A) 85.79¥/$ B) $0.00012/¥ C) $0.015/¥ D) 87.2¥/$ Title: Re: The Economist publishes annually the "Big Mac Index" by which they compare the prices of the McD Post by: noxx53 on Jun 21, 2016 Content hidden
Title: Re: The Economist publishes annually the "Big Mac Index" by which they compare the prices of the McDonal Post by: boland on Jul 3, 2016 ^^ Perfection
Title: Re: The Economist publishes annually the "Big Mac Index" by which they compare the prices of the McDonal Post by: noxx53 on Jul 4, 2016 You're welcome ;)
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