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I think the Big Mac index has a major flaw that no one discusses.. A big mac is considered a "luxury good" in India and an "inferior good" in the US.
by pratik661 6y ago
I think the Big Mac index has a major flaw that no one discusses.. A big mac is considered a "luxury good" in India and an "inferior good" in the US.
- arcticbull 6y agoI guess the question is does McDonalds price it as a luxury good in India?