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You walk to the north,then turn 60° to your right and walk another
How far are you from where you originally started?
Hamburger Standard
An informal way of measuring purchasing power parity (PPP) between nations, using the price of a McDonald's hamburger as the benchmark.
Undervalued Currency
A currency whose value is lower than what is perceived as its true value based on economic fundamentals or market conditions.
Capital Account
A national account that records transactions involving the purchase and sale of assets, such as property and stocks, between residents of one country and those of others.
Surplus
The amount by which the quantity supplied of a product exceeds the quantity demanded at a specific (above-equilibrium) price.
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