Table 151 Source: "The Big Mac Index," Economist, July 28

question 117

Essay

Table 15.1 Source: "The Big Mac Index," Economist, July 28, 2011.
-Refer to Table 15.1.Fill in the missing values in the above table.Assume the Big Mac is selling for $4.07 in Canada.Explain whether the Canadian dollar is overvalued or undervalued relative to each of the other currencies and predict what will happen in the future to each exchange rate.

---

Definitions:

Androgynous

Describing an individual who blends or possesses both traditionally male and traditionally female characteristics.

Normative

Relating to an ideal standard or model, or based on what is considered to be the normal or correct way of doing something.

Complement

A term used in various contexts, often denoting a thing that completes or goes well with another.

Interests

Activities, subjects, or areas that capture the attention, curiosity, or concern of an individual or group.