If the Price of Big Mac Is $3

question 31

Essay

If the price of Big Mac is $3.61 in the U.S.and 3.405 € in France,and PPP holds,what is the value of the euro in dollars that is implied by The Economist magazine's Big Mac index?
A)$1.060
B)$0.943
C)$1.943
D)None of the above.

• A)$1.060
• B)$0.943
• C)$1.943
• D)None of the above.

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Definitions:

Auto-Tuned YouTube Videos

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