Recall the Application about the price of Big Macs in China and around the world to answer the following question(s).
The following table is taken from the Application. For several years, The Economist has measured the prices of Big Macs throughout the world and compared the price differences to exchange rates.

-According to the table, when converted to U.S. dollars, Big Macs cost approximately ________ percent more in the United States than they do in China.

Question

Recall the Application about the price of Big Macs in China and around the world to answer the following question(s).
The following table is taken from the Application. For several years, The Economist has measured the prices of Big Macs throughout the world and compared the price differences to exchange rates.
 
-According to the table, when converted to U.S. dollars, Big Macs cost approximately ________ percent more in the United States than they do in China.

Quizplus · Accepted Answer

The Big Mac Index often shows that Big Macs are cheaper in China than in the U.S. The percentage difference is calculated based on the price disparity between the two countries.

Recall the Application About the Price of Big Macs in China