Concept information
Terme préférentiel
Big Mac index
Définition
- The Big Mac Index compares the prices of McDonald's Big Mac burgers, a fast food item produced and sold in 120 countries worldwide, as an indicator of possible overvaluation or undervaluation of the local currency relative to the U.S. dollar. The tongue-in-cheek analyses give an easily digestible example of the economic theory on purchasing power parity (PPP) and its applicability in the practical sense. [Source: Encyclopedia of Business in Today's World; Big Mac Index]
Concept générique
Appartient au groupe
URI
http://data.loterre.fr/ark:/67375/N9J-C3FNP7T5-L
{{label}}
{{#each values }} {{! loop through ConceptPropertyValue objects }}
{{#if prefLabel }}
{{/if}}
{{/each}}
{{#if notation }}{{ notation }} {{/if}}{{ prefLabel }}
{{#ifDifferentLabelLang lang }} ({{ lang }}){{/ifDifferentLabelLang}}
{{#if vocabName }}
{{ vocabName }}
{{/if}}