I neglected to include this note so I must apologize. I did find the price of a Big Mac in Ennis, Ireland. I forgot to check in Derry. In Ennis it was 3.70 Euros. In Grove City it is $2.95. This places the Purchasing Power Parity at .8 (2.95/3.70=.8). Since the exchange rate is about 1.40, the dollar is selling at a huge discount. It is very expensive to travel in Ireland.
No value meals were eaten to make this report.
yellowduck
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