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How much does it cost to buy a Big Mac in China 2024?

Amelia Brown | 2023-05-13 21:53:19 | page views：1155
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Amelia Cooper

Studied at the University of Cape Town, Lives in Cape Town, South Africa.
Here's how it works: right now the average price of a Big Mac in America is $4.62; in China its $2.74. According to the index, that makes the yuan undervalued by 41%. It might seem like a glib way to measure currencies, but the magazine says its burger index provides insight into the forces shaping the world economy.
2023-05-22 21:53:19
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Emily Rodriguez

QuesHub.com delivers expert answers and knowledge to you.
Here's how it works: right now the average price of a Big Mac in America is $4.62; in China its $2.74. According to the index, that makes the yuan undervalued by 41%. It might seem like a glib way to measure currencies, but the magazine says its burger index provides insight into the forces shaping the world economy.
Burgernomics: Which country has the cheapest Big Mac? - CNN Money
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