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The Table Shown Displays the Price-Level Adjustments for Australia, China

question 54

Multiple Choice

The table shown displays the price-level adjustments for Australia, China, and Mexico as compared to the United States. The table shown displays the price-level adjustments for Australia, China, and Mexico as compared to the United States.   A person who is earning $30,000 in the United States would need to earn _______ in China to have the same standard of living. A)  $40,000 B)  $7,500 C)  $22,500 D)  $15,000 A person who is earning $30,000 in the United States would need to earn _______ in China to have the same standard of living.


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