A case study in Chapter 12 analyzed purchasing power parity for several countries using the price of Big Macs. Go on the Website of "The Economist" newspaper athttp://www.economist.com/content/big-mac-indexand find the data on the Big Mac Index forJanuary 2020and save it to your computer. Print the January 2020 article on the Big Mac Index and attach it to your assignment. For actual exchange rates, you may use internet.

Price of a Predicted Actual Country Big Mac Exchange Exchange (In local currency) Rate Rate (Per $US) 900 forints 158.73 298.75 Hungary 20.282 30.28 Thailand 128 buht 3.791 6.88 China 21.70 yuan 2.291 5.88 Turkey 13.99 lira 8.818 18.82 Mexico 50 pesos 23.81 61.43 Russia 135 roubles