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Big Mac Index App Positive Reviews

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Product Details and Description of Big Mac Index App

The Big Mac Index App intends to show whether currencies are at their "correct" value. It was invented by The Economist in 1986. For example, the average price of a Big Mac (Burger) in USA in July 2014 was $4.80, in China it was only $2.73 (¥16.90) at market exchange rates. So The Big Mac Index says that the Yuan was UNDERVALUED by $43.1% at that...

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