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Author Question: One Friday a few years ago, the Big Mac Index suggested that the yen was overvalued relative to the ... (Read 20 times)

jace

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on: Dec 2, 2019
One Friday a few years ago, the Big Mac Index suggested that the yen was overvalued relative to the dollar by 70%. When currency markets opened on the following Monday, anyone using the Big Mac Index would conclude that the yen was only 20% overvalued relative to the dollar. What is the most likely explanation for this?
◦ Japan's Central Bank acted to prop up the yen.
◦ McDonald's Japan reduced the yen price of a Big Mac.
◦ Inflation in Japan suddenly spiked upward.
◦ McDonald's Japan increased the yen price of a Big Mac.
◦ McDonald's headquarters stopped hedging.
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Marked as best answer by jace on Dec 2, 2019

Jevvish

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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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jace

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

upturnedfurball

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Reply 3 on: Yesterday
Excellent

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