Tuesday, September 11, 2007

BIG MAC's role in Economics

at 1:34 PM

你知道吗?McD 的Big Mac Burger 不仅是大家喜爱的快餐,它的价钱也用来做于 the indication of exchange rates. If you buy Big Mac in Malaysia at RM5.50 while in Singapore is S$3.60, 那么,你就能知道singapore and Malaysia 的兑换率。。。
为何BIGMAC 呢?因为世界各地都可吃到它,所以经济学家就用它的价钱来做和现实市场兑换率 来做比较。。

如果Big Mac in Malaysia at RM5.50 while in Singapore is S$3.60, 那么,singapore and Malaysia 的兑换率是 S$1 = RM1.53
但是在兑换市场 (FOREX ) 却是 S$1 = RM2.1

这么来说, Malaysia's currency in FOREX has been undervalued...

2 comments on "BIG MAC's role in Economics"

Invisible on October 12, 2007 at 6:18 PM said...

第一次听说原来 big mac 可以用来 determine forex 的。哈哈!

Anonymous said...

yalor..the 1st time i knew it...i was so excited...hahah

 

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