Top Posters
Since Sunday
8
5
z
4
n
4
t
4
3
k
3
x
3
r
3
m
3
j
3
c
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
NYC NYC
wrote...
Go to Answer
Posts: 4146
Rep: 0 0
8 years ago
A Big Mac costs $3 in the United States and 400 yen in Japan. The purchasing power parity theory would predict that the exchange rate in the long run is:
A) 1 yen = $0.03.
B) $1 = 75 yen.
C) $1 = 125 yen.
D) $1 = 133.33 yen.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
Read 173 times
2 Replies
Replies
Answer verified by a subject expert
JesslynJesslyn
wrote...
#1
Top Poster
Posts: 2059
Rep: 45 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

NYC Author
wrote...
#2
8 years ago
Good answer, thanks.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  405 People Browsing
 101 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 657
  
 414
  
 249
Your Opinion
What's your favorite funny biology word?
Votes: 401
Previous poll results: What's your favorite math subject?