FACULTY OF ECONOMICAL SCIENCE Big Mac Currencies (The 2002 Big Mac Index) Foundation of Economics Economics Efficiency International Investments Presentation Paper October 19‚ 2012 Chisinau 2012 Foundation of Economics THE BIG MAC index The Big Mac is the world’s most popular sandwich‚ was created in 1968 by a McDonald’s franchise in Pittsburgh‚ Pennsylvania. While most people see the Big Mac as a sandwich‚ economists also see that as a consumer good
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Big Five Personality Inventory The Big Five Test is a compilation of 70 questioned geared towards “measuring how accurate or inaccurate the statements pertain to you.”(Wentz) This test is considered to be an objective test measuring certain traits of the individual taking it rather than states. Traits differ from states in the sense that traits are life-long characteristics; meanwhile states are temporary characteristics of an individual. This test was designed to
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Big Mac Index The McDonald’s corporation – “McDonald ’s is the leading global food-service retailer with more than 34‚000 local restaurants serving nearly 69 million people in 118 countries each day” (McDonalds Corporation‚ 2014). The statistics alone are impressive for a company that started as a single restaurant in Des Plaines‚ IA in April‚ 1955 (McDonalds Corporation‚ 2014). Even more impressive is the influence McDonald’s has on global economic forecasting by virtue of its signature sandwich
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The Big Lebowski Response I loved this movie. I had heard of it before and having seen it can understand how it’s labeled as a classic. All aspects of the film were enjoyable including; the characters‚ plot‚ social commentary‚ and motion picture itself. The characters were a perfect combination of realism and exaggeration. “The Dude” was a textbook movie exaggeration of my high school anthropology teacher. Physically and ideologically they were almost identical. My teacher grew up and lived
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Big Spaceship has the potential to go big‚ however it is not the best course of action. Going big would lead to the creation of numerous smaller teams within the agency‚ consequenting the disunification of the agency as one large team. Already at the end of 2008‚ with only four seven-member project teams and one floater team‚ there is an organizational rigidity beginning to bind the previously dynamic community. Hiring more employees and isolating them into teams would break down the family community
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The Big Short reflects the central point of the story. A “short” in the financial industry is a term describing selling a stock (or other financial commodity) without owning it. It is also used to describe the position where you have sold a stock short. Therefore the risk takers in this story definitely did make ‘a big short’ by setting Michael Burr’s idea into action. Therefore‚ in a nutshell‚ The Big Short is based on the true story of four men in the US financial world who saw what the big banks
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Introduction Big Data is indeed a better idea. Every day‚ we create 2.5 quintillion bytes of data–so much that 90% of the data in the world today has been created in the last two years alone. This data comes from everywhere: posts to social media sites‚ digital pictures and videos posted online‚ transaction records of online purchases‚ and from cell phone GPS signals to name a few. This data is big data. “Much like the scientific principle that we can’t observe a system without changing it‚ big data can’t
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The Brain Behind the Big‚ Bad Burger Section 1: Analysis Most Americans will consume any food regardless of the calories‚ nutritional value and health related consequences. The Brain behind the Big‚ Bad Burger article mentions the importance of using a Business Intelligence System (BIS) which “provides them with insights‚ not just mountains of data” (Levison‚ 2005). Business Intelligence gets its strength from being able to pull data from disparate sources store it for use in a loosely coupled
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Big Bang Theory It’s inevitable that with over 6 billion people here on Earth‚ there will be different views upon how our universe was created. Views are mainly fueled by faith or science but the modern view of today’s era is the Big Bang Theory. The theory states that the universe started at one single spot‚ and has been expanding ever since (Big Bang Theory‚ N.P.). Of course it’s crazy‚ and highly difficult‚ for many of us to imagine something so large starting from one tiny spot; so indeed there
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high mobility of the Canadian people has certain implications for businesses‚ which must find ways to stay connected with their customers as they travel back and forth. The banking industry is no exception. Following the Snowbirds and Beyond Canada’s big banks‚ which have already established a sizeable presence in the
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