he Economist's Big Mac Index suggests that Multiple Choice when the dollar is trading at a historical premium, the price of a Big Mac will be cheaper in the United States. if a currency is undervalued, the price of a Big Mac in that currency will be up to 50 percent more expensive than the United States dollar price of a Big Mac. if currencies are trading equivalently, the prices of a Big Mac will be similar. the dollar price of the Big Mac will always be higher, because it is the home market's currency