![]() The idea behind this is often referred to as Burgernomics (not sure how we feel about all of these puns) and it is meant to serve as a basic guide to figuring out the cost of living in different countries. The Big Mac Index was invented by The Economist in 1986. Jokes aside, it actually does serve a purpose. But is it really that important? What does knowing the price of a McDonald’s burger do? Well if you’re planning on traveling and you’re a big McDonald’s fan then it helps to know how much you’re going to spend on your favorite burger. It’s an easy index to follow since most of us are familiar with both the menu item and its price. Called the “Big Mac index”, experts and curiosity seekers from around the world use the burger as a way of understanding and relating prices in different countries. ![]() ![]() Big Mac from McDonald’s is an actual measurement tool, well you know now. ![]()
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