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Discussion ch. 8 In the video lecture, we talked about the Big Mac Index as an informal way of
measuring the purchasing power parity between two currencies. Please list at least three factors
which might make Big Mac index invalid in the real world. Please explain briefly why these
factors are relevant.

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Discussion ch- 8 In the video lecture- we talked about the Big Mac Ind.docx

  • 1. Discussion ch. 8 In the video lecture, we talked about the Big Mac Index as an informal way of measuring the purchasing power parity between two currencies. Please list at least three factors which might make Big Mac index invalid in the real world. Please explain briefly why these factors are relevant.