Social Studies, 18.11.2019 07:31 montecillolinda
Uppose the price of a big mac is 4 dollars in the united states (u. s.) and 596 forints in hungary. the actual exchange rate between the u. s. and hungary is 227 forints for 1 u. s. dollar. using the theory of purchasing power parity, find the implied exchange rate between the u. s. and hungary:
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Uppose the price of a big mac is 4 dollars in the united states (u. s.) and 596 forints in hungary....
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