What is wrong with the Big Mac Index?
- What is wrong with the Big Mac Index?
Criticisms of the Big Mac Index: The index's limitations are as follows: In many countries, dining at McDonald's is relatively expensive when compared to dining at a local restaurant. Hence, the demand for a burger is relatively less. Hence, it doesn't stand as globally acceptable.
- How much is a Big Mac in China?
One example is the McDonald's Big Mac. It costs about 21.70 yuan in China and $5.71 in America, according to prices collected by The Economist.