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1.0.9 9 APK | |||||
Size: 22.05 MB Certificate: 7b2469ea0ba325267038f75ab986b1948d83dcea SHA1 signature: 1705f193f66cf3cc2b28aadd2c3e0673be6d8cf5 Architecture: x86_64, armeabi-v7a, arm64-v8a Screen DPI: mdpi (160dpi), hdpi (240dpi), xhdpi (320dpi), xxhdpi (480dpi), xxxhdpi (640dpi) Device: laptop, tablet, phone | |||||
1.0.9 9 XAPK | |||||
Size: 3.37 MB XAPK: 23.37 MB Certificate: 7b2469ea0ba325267038f75ab986b1948d83dcea SHA1 signature: ac8f9b6c62cb3df22b7dba16754a8d0ee370b712 Architecture: x86_64, arm64-v8a, armeabi-v7a Screen DPI: ldpi (120dpi), mdpi (160dpi), tvdpi (213dpi), hdpi (240dpi), xhdpi (320dpi), xxhdpi (480dpi), xxxhdpi (640dpi) Device: phone |
Download BigMaconomist: BigMac index APK free
The Big Mac Index an informal way of measuring the purchasing power parity
The Big Mac Index is published by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and provides 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, created in 1986, takes its name from the Big Mac, a hamburger sold at McDonald's restaurants.
The Big Mac index was introduced in The Economist in September 1986 by Pam Woodall as a semi-humorous illustration of PPP and has been published by that paper annually since then. The index also gave rise to the word burgernomics.
One suggested method of predicting exchange rate movements is that the rate between two currencies should naturally adjust so that a sample basket of goods and services should cost the same in both currencies. In the Big Mac Index, the basket in question is a single Big Mac burger as sold by the McDonald's fast food restaurant chain. The Big Mac was chosen because it is available to a common specification in many countries around the world as local McDonald's franchisees at least in theory have significant responsibility for negotiating input prices. For these reasons, the index enables a comparison between many countries' currencies.
The Big Mac PPP exchange rate between two countries is obtained by dividing the price of a Big Mac in one country (in its currency) by the price of a Big Mac in another country (in its currency). This value is then compared with the actual exchange rate; if it is lower, then the first currency is under-valued (according to PPP theory) compared with the second, and conversely, if it is higher, then the first currency is over-valued.
https://en.wikipedia.org/wiki/Big_Mac_Index
The index, created in 1986, takes its name from the Big Mac, a hamburger sold at McDonald's restaurants.
The Big Mac index was introduced in The Economist in September 1986 by Pam Woodall as a semi-humorous illustration of PPP and has been published by that paper annually since then. The index also gave rise to the word burgernomics.
One suggested method of predicting exchange rate movements is that the rate between two currencies should naturally adjust so that a sample basket of goods and services should cost the same in both currencies. In the Big Mac Index, the basket in question is a single Big Mac burger as sold by the McDonald's fast food restaurant chain. The Big Mac was chosen because it is available to a common specification in many countries around the world as local McDonald's franchisees at least in theory have significant responsibility for negotiating input prices. For these reasons, the index enables a comparison between many countries' currencies.
The Big Mac PPP exchange rate between two countries is obtained by dividing the price of a Big Mac in one country (in its currency) by the price of a Big Mac in another country (in its currency). This value is then compared with the actual exchange rate; if it is lower, then the first currency is under-valued (according to PPP theory) compared with the second, and conversely, if it is higher, then the first currency is over-valued.
https://en.wikipedia.org/wiki/Big_Mac_Index
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What´s new
Bug fix
More info
Updated in
2021-12-08
Size
22.05 MB
Current version
1.0.9
Requires Android
5.0 and up
Content Rating
Everyone
Offered By
Alexandrov Alexander
Developer [email protected]