Wednesday, May 2, 2012

The Big Mac (again)

Just minutes after talkeing to one of my two IB1 HL Economics sections about the Big Mac I found this interesting article explaining its origins  backgound (as a conversion factor and a measure of whether a currency is over or undervalued) and the results of a new research paper that interests IB Economics candidates:
Big Maconomics: How McDonald's Explains the World

Worth your time I think!

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