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Big Mac index inflames debate over Chinese yuan's value

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THE Big Mac index is a lighthearted guide to whether currencies are at their “correct” level. It is based on the theory of purchasing-power parity, the notion that global exchange rates should. Search result for Mcburger Index. Watch all recent Mcburger Index,s videos and download most popular Mcburger Index videos uploaded from around the world -

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Take Notes

Market failures and imperfections -- Case Study -- Introduction -- Monopoly power -- Externalities -- Cost-benefit analysis -- Property rights -- Merit and demerit goods -- Public goods -- Factor immobility -- Price instability -- Imperfect information -- Inequality -- Government intervention -- Government failure -- Problems with financing intervention -- The theory of the second best -- Failures, imperfection, and managers -- Summary -- Checklist -- Short Answer Questions -- Discussion Questions -- One Step Further --

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