noun
a measure of purchasing power parity between two currencies based on the price of a Big Mac sandwich in each country
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The Big Mac Index is a tool used by economists to compare the purchasing power of different currencies.
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Have you heard of the Big Mac Index? It's a fun way to see how expensive countries are.
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The Big Mac Index is like the currency cheat code for travelers.
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The Big Mac Index is like a global economic snapshot through the lens of a fast food burger.