TM 9.5 - How much would you pay for a Big Mac in some other countries?
 |
Let’s
say a Big Mac at McDonald’s would cost you $2.90 today. How much would you
pay in US currency for a Big Mac in these countries? |
You can find the exchange rates at
http://www.x-rates.com/calculator.html
Example:
To find the exchange rate for Australia enter in 1.00 in the amount field and click
on calculate.
You should see this:
This tells you that you get 1.333 times as many Australian dollars
(AUD) for each USA $1.00.
Enter the value in the table below. To find out Big Mac price in dollars in Australia multiply exchange rate
by 2.90 and put the answer in appropriate cell.
In which country would you pay the most (in US dollars) for a big Mac?