burgernomics
Word Rarity
Very rare
Frequency: Zipf frequency 0.00 in modern English
19
Scrabble Score
12
Letters
3
Syllables
11
Unique Chars
Meaning
noun
An informal measurement of the purchasing power parity between currencies, based on the price of a Big Mac in various countries.
Uncountable
Example Sentences
- "Burgernomics is based upon the theory of purchasing-power parity (PPP)..."
- "Both The Economist's and Smart's study move at the intersection between burgernomics and burgerology. But they also move across each other and thereby point to a more general contrast."
- "Light-hearted burgernomics has become a matter of increasing academic interest and has spawned many articles and even a whole book by Ong (2003) of the International Monetary Fund."
- "Burgernomics hints that their currencies are a little overcooked."
- "Curiously, however, burgernomics has an impressive record in predicting exchange rates: currencies that show up as overvalued often tend to weaken in later years."