Examlex
_____ is a standard for transmitting information in the form of radio waves over distances up to about several miles.
U.S. Dollar
The official currency of the United States, widely used as a benchmark in global financial transactions.
Appreciates
Refers to an increase in value or price of an asset, currency, or commodity over time.
Purchasing Power Parity
A theory that states prices of goods and services should equalize across countries when expressed in a common currency, meaning a basket of goods should cost the same regardless of the country after accounting for exchange rates.
Big Mac
a hamburger sold by the international fast-food chain McDonald's, often used as a symbol of globalization and sometimes as a reference point in economic studies like the Big Mac Index.
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