Tuesday, September 11, 2007

BIG MAC's role in Economics


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:

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

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

    ReplyDelete