15 April 2015

Question of the day#426


  • The Big Mac Index is published by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies. In 2007, an Australian bank's subsidiary, Commonwealth Securities, adapted the idea behind the Big Mac index to create an index ‘Y’.


    Identify Y?
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1 comment:

  1. ali16 April 2015 at 16:29

    question is saying the year as 2007 - so i think it might be - ipod index because after this index came out then only iphone was released by apple.

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