In our infographic series we publish well designed infographics which succeed in delivering a message. Today I have one about the Big Mac Index… Coined ‘Burgernomics’, the Bic Mac Index has become a global standard of determing purchasing power between two currencies by comparing the cost of the McDonald’s burger in any two countries. For example: a Big Mac costs $4.07 in the U.S. compared to $2.27 in China. The burger is 44% cheaper in China, which suggests the yuan is 44% undervalued against the dollar…
Via: Online MBA Blog