Summarize the following article and explain the main purpose of PPP theory. Arti

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Summarize the following article and explain the main purpose of PPP theory.
Article is :
“Burgernomics – The Big Mac index | The Economist:
https://www.economist.com/news/2020/07/15/the-big-mac-index
Also explain the following from the article :
1) how to calculate the implied exchange rate
2) how was the undervaluation calculated using (ask and bid spread )

The post Summarize the following article and explain the main purpose of PPP theory.
Arti appeared first on homework handlers.

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