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BigMac’o Nomics

Pinned on December 1, 2013 at 4:55 am by Admin

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BigMac’o Nomics

This infographic expains the meaning of purchasing power parity measured by BigMac Index (developed by The Economist). It helps to understand what it means when the currencies are overvalued and undervalued. It also gives information on the economic differencies between countries, expressed in working time needed to buy 1 Big Mac.
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Teapot Warmers Silver Amber Necklaces Wholesale Glass Tea Sets Mummy Sleeping Bags