Multiple choice

Big Mac Index is employed in the determination of which one of the following?

  1. Infrastructure development

  2. Purchasing power parity

  3. Defence budget per capital

  4. Crop yield

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Big Mac Index is an informal tool published by The Economist to measure purchasing power parity (PPP) between two currencies by comparing the price of a Big Mac burger.