Free Republic 3rd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $34,319
42%  
Woo hoo!! And we're now over 42%!! Thank you all very much!! God bless.

Keyword: annualindex

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  • Big Mac is cheapest in China (most expensive in Switzerland, annual Big Mac Index says)

    04/24/2003 3:33:17 PM PDT · by knighthawk · 21 replies · 552+ views
    BBC News Online ^ | April 24 2003
    The cheapest Big Mac in the world can be bought in China, while the Swiss have to pay nearly four times as much for the same burger. The Economist magazine's annual Big Mac Index found that McDonald's charged $1.20 for its burger in China and $4.52 in Switzerland. The Index said these statistics showed that the Chinese yuan was the most undervalued currency in the world, while the Swiss franc was the most overvalued. The Big Mac Index, introduced in 1986, compares burger prices in countries around the world, using the index as a rough guide to currency valuations. Euro...