burgernomics
An informal measurement of the purchasing power parity between currencies, based on…An informal measurement of the purchasing power parity between currencies, based on the price of a Big Mac in various countries.
Meaning
1 senses(uncountable)An informal measurement of the purchasing power parity between currencies, based on the price of a Big Mac in various countries.
Origin
Blend of burger + economics, equivalent to burger + -nomics, coined in The Economist in 19Blend of burger + economics, equivalent to burger + -nomics, coined in The Economist in 1986 by Pam Woodall with the introduction of the Big Mac Index.
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Lessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable