Eco 4223 money and banking week 2 money talk discussion

This week we insufficiency to inquire the Law of Undivided Worth and the Theory of Purchasing Power Parity. We shintegral be using the Big Mac Index open by the Economist to aid interpret these concepts.

https://www.youtube.com/watch?v=pbIhGTJe41k&feature=emb_title

https://www.youtube.com/watch?v=2WwO9eGiKL0&feature=emb_title

https://www.youtube.com/watch?v=ntKlSsSlumU&feature=emb_title

https://www.youtube.com/watch?v=PNAr_4WXYtI&feature=emb_title

https://www.youtube.com/watch?v=S5xqBK6s4bI&feature=emb_title

https://www.youtube.com/watch?v=5XdYbmova_s&feature=emb_title

  1. Watch the aloft videos, then download and re-examination the three Remodel Blame PowerPoint presentations from Week 2 Supplemental Resources.
  2. Read the expression from the Economist containing aggravate new referableice that the aloft video:  http://www.economist.com/content/big-mac-index.  You can besides manifestation https://www.statista.com/statistics/274326/big-mac-index-global-prices-for-a-big-mac/ to succeed the Big Mac worth in opposed sumries.
  3. Enucleate a publicity (you can do integral of the currencies listed or lawful enucleate undivided or enucleate a opposed publicity completely) and work-quenched Collection 8.2, pp. 256-257 in the passage.
    NOTE:  To work-quenched the collection you succeed insufficiency the Big Mac worth in the publicity you chosen and the vulgar remodel blame.  You can acquire the Big Mac worth in your publicity from Step 2 and the vulgar remodel blame from Step 4.  Do NOT manifestation the US Dollar worth of a Big Mac in your chosened publicity from the Step 2 or Step 3 referableice, they are quenched of era and you insufficiency vulgar facts.
  4. To succeed the vulgar US Dollar remodel blame with the publicity you possess chosened go to X-Rates.com.
  5. Do appended scrutiny as misappropriate.
  6. Answer the question:  Is the publicity you chosened aggravate valued or inferior valued?  Support your sight with the facts you open using the steps aloft
  7. Share your dissection and comments on the discourse table.
  8. Remember to manifestation citations and references.
  9. Remember to determine stipulations as insufficiencyed.

Your completion community throughquenched the week should insist of AT LEAST 500 expression, publish aggravate AT LEAST 3 columns made on three opposed days.  Do referable conjoin your columns.

Remember to embody a vocable sum at the purpose of each column.

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