× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
kolitchko kolitchko
wrote...
Go to Answer
Posts: 564
Rep: 0 0
5 years ago
A Big Mac costs $4 in the United States and 3 euros in Portugal. The purchasing power parity theory would predict that the exchange rate in the long run is
A) $1 = 1.33 euros.
B) $1 = 0.75 euros.
C) $1 = 12 euros.
D) 1 euro = $0.75.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
Read 46 times
1 Reply
Replies
Answer verified by a subject expert
vehmeinvehmein
wrote...
#1
Top Poster
Posts: 714
Rep: 1 0
5 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

kolitchko Author
wrote...

5 years ago
Thanks
mambah4
wrote...

Yesterday
Correct Slight Smile TY
Ctownsend
wrote...

2 hours ago
Brilliant ツ
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1158 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 317
  
 260
  
 572
Your Opinion
How often do you eat-out per week?
Votes: 79
Previous poll results: Who's your favorite biologist?