The Big Mac Index is The Economist’s light-hearted guide to exchange rates. Depicted is the exchange rate that makes a Big Mac cost the same everywhere (compared to the cost in the US).
A further explanation of Burgernomics here.
The Economist’s ha-ha-just-serious illustration of the concept of Purchasing Power Parity is consistently awesome.
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klaatu reblogged this from whatcriscilikes and added:
The Big Mac Index is The Economist’s light-hearted guide to exchange rates. Depicted is the exchange rate that makes a...
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benkraal reblogged this from dihard and added:
ha-ha-just-serious illustration of...Purchasing Power Parity is consistently awesome.
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whatcriscilikes reblogged this from upsider
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upsider reblogged this from dihard
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