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28 May, 00:04

The "big Mac index" is one example of an?

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  1. 28 May, 01:56
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    The Big Mac Index is calculated by dividing the price of a Big Mac in one country by the price of a Big Mac in another country in their respective local currencies to arrive at an exchange rate ... For example, suppose that a Big Mac in the U. S. costs one U. S. dollar and one in the eurozone costs two euros.
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