burgernomics

listen to the pronunciation of burgernomics
İngilizce - İngilizce
An informal measurement of the purchasing power parity between currencies, based on the price of a Big Mac in various countries

Curiously, however, burgernomics has an impressive record in predicting exchange rates: currencies that show up as overvalued often tend to weaken in later years.

burgernomics

    Etimoloji

    () Blend of burger and economics, coined in The Economist in 1986 by Pam Woodall with the introduction of the Big Mac Index.