The Economist's Big Mac index is useful for examining the:

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The Big Mac index is a tool used to examine the Balassa-Samuelson effect, which suggests that the prices of non-tradeable goods and services, like the Big Mac, are higher in countries with higher productivity levels. By comparing the prices of Big Macs across countries, the index can provide insights into the relative values of currencies and the extent to which they are over- or under-valued.

The Economist's Big Mac Index Is Useful for Examining The