[Answer] According to the Big Mac index screen which of the following four countries’ currency is the most undervalued? (D)

Answer: a)United Statesb)Thailandc)Brazild)China
According to the Big Mac index screen which of the following four countries’ currency is the most undervalued? (D)

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.

Big Mac Index – Wikipedia

Exchange rate – Wikipedia

Exchange rate – Wikipedia

According to the method of setting the exchange rate. Basic rate: Usually choose a key convertible currency that is the most commonly used in international economic transactions and accounts for the largest proportion of foreign exchange reserves. Compare it with the currency …

Switzerland has the most expensive Big Mac in the world as of July 2015 while the country with the least expensive Big Mac is India (albeit for a Maharaja Mac—the next cheapest Big Mac is Hong Kong).

The Great Famine (Irish: an Gorta Mór [anˠ ˈɡɔɾˠt̪ˠə ˈmˠoːɾˠ]) also known as the Great Hunger the Great Starvation the Famine (mostly within Ireland) or the Irish Potato Famine (mostly outside Ireland) was a period of mass starvation and disease in Ireland from 1845 to 1852. With the most severely affected areas in the west and south of Ireland where the Irish language was …

Thu Jul 24 2003 14:30:00 GMT-0400 (Eastern Daylight Time) · Product placement also known as embedded marketing is a marketing technique where references to specific brands or products are incorporated into another work such as a film or television program with specific promotional intent.. While references to brands (real or fictional) may be voluntarily incorporated into works to maintain a feeling of realism or be a subject of commentary prod…

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