Explanation of the big mac index


Question:

Research your currency and it's valuation per the Big Mac Index for Japan. So, give a one to two sentence explanation of what the Big Mac Index is then explain if your currency is undervalued or overvalued and by how much. Then, share at least one interesting random fact about life in the country you were assigned - whatever you found with the research you read through to get to your currency information. Finally, conclude with your thoughts.

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Finance Basics: Explanation of the big mac index
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