Answer: China
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 Economist newspaper uses the ” Big Mac Index “: the comparison of the cost of a Big Mac in various world currencies can be used to informally judge these currencies’ purchasing power parity. 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 [64] [65] (albeit …
Sat Mar 07 2009 13:30:00 GMT-0500 (Eastern Standard Time) · Bitcoin (₿) is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009 when its implementation was released as open-source software.: ch. 1 Bitcoin is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network …
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 …
Core Terminal is the original Bloomberg system; typically consisting of four windows or Panels each Panel contains a separate instance of the terminal command line. As the user enters tickers and functions they can call up and display the real-time data of the market with each different screen simultaneously running a program to analyze …
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