sandhya choudhuryDec 16, 2021 · 3 years ago1 answersCan the Big Mac Index be used as a predictor of cryptocurrency prices?
Is it possible to use the Big Mac Index as a reliable indicator for predicting the prices of cryptocurrencies? The Big Mac Index is a popular tool used to compare the purchasing power of different currencies based on the price of a Big Mac burger in various countries. However, can this index be applied to the volatile and complex world of cryptocurrencies? Can we draw any meaningful conclusions about the future prices of cryptocurrencies based on the Big Mac Index?
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