2. In 1986, The Economist created the "Big Mac Index."
The so-called "Big Mac Index" is used to measure currency exchange rates and "whether currencies are at their 'correct' level," the magazine notes. After all, Big Macs span plenty of countries and cultures, so using it as the benchmark for this money-measuring system kind of makes perfect sense, doesn't it?
Was this page helpful? Give us a thumbs up!
+1Helpful ( 53 )
Useless ( 5 )
Submit
Thank you for your feedback!
