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William Watson: Big Mac data say minimum wages don't matterIf you can buy more than one Big Mac, then the C$ is stronger than PPP. On the other hand, if you can’t buy an entire U.S. Big Mac, the C$ is weaker than its PPP value. As of January, the German ...
The Philippine peso is still undervalued by 50% against the dollar, according to the latest update of the Big Mac Index released by The Economist. As of January 2025, a Big Mac costs $5.79 in the ...
The reference for such statement is McDonald’s famous Big Mac and its Purchasing Power Parity, PPP, which in the US costs 4.07 dollars and has been compared to prices in the region on July 25 ...
Big Mac PPP is the exchange rate that would mean hamburgers cost the same in America as abroad According to the Big Mac index from The Economist which measures purchasing power parity, Argentina ...
Threats by US President Donald Trump to cut funding to South Africa has sent the rand tumbling—making an already undervalued ...
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