| 单词 | Big Mac Index |
| 释义 | Big Mac Index Big Mac Index An informal index sometimes used to judge whether current exchange rates are justified. It is based on the theory of purchasing power parity and uses the price of a Big Mac in a particular currency as its indicator—this being one product that is made to an identical specification worldwide. For example, in country A a Big Mac costs 2.50 units of currency Z whereas in country B it costs 5.40 units of currency Y. In theory, the result of price in Z/price in Y (in this case 2.50/5.40 = 0.46) should equate to the number of units of currency Z that can be exchanged for one unit of Y. If the current rate is (say) 0.7:1, then currency Y is significantly overvalued. |
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英汉经管词典收录了6519条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。