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Author Question: The Big Mac Index shows that the price of the Big Mac in China converted from the local currency, ... (Read 34 times)

chads108

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on: Dec 2, 2019
The Big Mac Index shows that the price of the Big Mac in China converted from the local currency, yuan, to be $2.18, whereas its price in the United States is $3.73. This shows that:
◦ the Chinese yuan is undervalued against the US $.
◦ the Chinese yuan is overvalued when compared to US $.
◦ the Big Mac is more popular in China than in the United States.
◦ beef is less expensive in China than in the United States.
◦ the Big Mac is less expensive in the United States than in China.
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Marked as best answer by chads108 on Dec 2, 2019

Benayers

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Reply #1 on: Dec 2, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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chads108

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Reply 2 on: Dec 2, 2019
Thanks for the timely response, appreciate it

amit

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Reply 3 on: Yesterday
Wow, this really help

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