【单选题】Suppose that the U.S. dollar price of a Big Mac is $3.57. The price of a Big Mac in China is 12.5 yuan. Suppose that the current exchange rate is 6.83 yuan per dollar. If absolute PPP holds, the PPP-i...
【单选题】Suppose that the U.S. dollar price of a Big Mac is $3.57. The price of a Big Mac in Norway is 25 kroner. Suppose that the current exchange rate is 5.00 krone per dollar. If absolute PPP holds, the PPP...