The Big Mac Index: A Measure of PPP and Burger Inflation Flashcards
1
Q
The Big Mac was created in 1967 by _______, a McDonald’s franchise owner in Pennsylvania.
A
Jim Delligati
2
Q
It was launched throughout the U.S. the following year, and today you can buy one in more than 70 countries.
A
The Big Mac
3
Q
________ was invented by The Economist in 1986.
A
The Big Mac Index
4
Q
It is intended to be a lighthearted way to demonstrate the concept of purchasing power parity.
A
The Big Mac Index
