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shivam14
on July 16, 2009
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The Big Mac index: Value meal
For those interested in a more detailed view of PPP, see the world bank table (2005) below. It includes a breakdown by expenditures such as food, health, transportation, etc. Compare with the actual US$ exchange rate to get the PPP ratio.
http://siteresources.worldbank.org/ICPINT/Resources/icp-fina...
benmathes
on July 16, 2009
[–]
The article itself says it's just a "humorous" look at PPP.
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http://siteresources.worldbank.org/ICPINT/Resources/icp-fina...