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Author Question: The table below is taken from the Big Mac Index. After reviewing it, answer the questions listed ... (Read 19 times)

go.lag

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on: Dec 2, 2019
The table below is taken from the Big Mac Index. After reviewing it, answer the questions listed below.




Country
Big Mac Prices
in U.S. dollars or local
currency

Official Exchange Rate		(-)/(+)
Under/Over
Valuation against $, %
United States$3.73​​
ChinaYuan 14.56.65/$1​
NorwayKroner 456.25/$1​
ThailandBaht 7032.3/$1​
MexicoPeso 3212.8/$1​

What is meant by PPP? According to this table, which is the most overvalued and undervalued currency? Fill the last column showing under or over valuation of local currencies. Give reasons for your answer. What is the primary drawback of this index? How can this be used?
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Marked as best answer by go.lag on Dec 2, 2019

Anonymous

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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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go.lag

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

shewald78

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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