Hi guys, Welcome to the Advanced Video Search Engine, and you are watching The Big Mac Index (Purchasing power parity), Examples, Most Overvalued and Undervalued Currencies.. That video is uploaded by The Isolated Economist at 2022-12-15T09:00:07-08:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [GQ_uKzmc7qA]
| Name | The Big Mac Index (Purchasing power parity), Examples, Most Overvalued and Undervalued Currencies. |
| Video Uploader | Video From The Isolated Economist |
| Upload Date | This Video Uploaded At 15-12-2022 17:00:07 |
| Video Discription | The big mac index was invented by The Economist in 1986 as a lighthearted guide to whether currencies are at their “correct” level. It is based on the theory of purchasing-power parity (PPP), the notion that in the long run exchange rates should move towards the rate that would equalise the prices of an identical basket of goods and services (in this case, a burger) in any two countries. Burgernomics was never intended as a precise gauge of currency misalignment, merely a tool to make exchange-rate theory more digestible. Yet the Big Mac index has become a global standard, included in several economic textbooks and the subject of dozens of academic studies. Useful Links: https://www.investopedia.com/ask/answers/09/big-mac-index.asp#citation-3 https://www.economist.com/big-mac-index https://fxssi.com/big-mac-index To promote your videos, you can use this website: https://veefly.com/?ref=theisolatedeconomist. You can support the channel by buying me a coffee here: https://www.buymeacoffee.com/marcozapien GQ_uKzmc7qA |
| Category | Education |
| Tags | Economics | Theisolatedeconomist | Economic principles | Big Mac Index | Purchasing power parity | PPP | Undervalued and overvalued currencie | Most expensive currency | Cheapest currency | Venezuelan bolivar | Example of the Big Mac Index | Burgernomics | prices of an identical basket of goods | Big Mac in Different countries | Big Mac price in Mexico | Prices of currencies | global standard |
