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Coin image for D4LvzjMgVDtJS8FyDNTM99wzyJ8JgdPYK5LdM6rtpump
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Purchasing Power Patty

$PPP

Solana
6jsHhJ2mo ago

The Big Mac Index is a price index published since 1986 by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and providing a test of the extent to which market exchange rates result in goods costing the same in different countries. It "seeks to make exchange-rate theory a bit more digestible." The index compares the relative price worldwide to purchase the Big Mac, the flagship hamburger sold at McDonald's restaurants.

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en.wikipedia.orgen.wikiped...en.wikipedia.org
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$2.14K