The Hamburger Standard

Topics: Purchasing power parity, Big Mac Index, The Economist Pages: 9 (543 words) Published: June 10, 2012
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| |Big Mac Index | | |[pic] | | |How Far from Fair Value is Your Currency? | | | | | | | | |The Economist's Big Mac Index (July 28th, 2011 Big Mac prices) valued at today's exchange rates | | | | | | | | |Country | | |Big Mac Price | | |Implied PPP rate + | | |Today's | | |Exchange Rate | | |1 USD = | | |Over(+) / Under(-) Valuation against the USD, % ++ | | | | | | | | |in Local Currency | | |in US dollars | | | | | | | | | | | | | | |United States | | |$ 4.07 | | |4.0700...
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