A Tall Latte in China Costs 30 Yuan

question 29

Multiple Choice

A tall latte in China costs 30 yuan.The same latte in the U.S.costs 4 dollars.If the exchange rate is 6.5 yuan per dollar then,the real exchange rate is

• A).867 so the good is more expensive in the U.S.
• B).867 so the good is more expensive in China.
• C)1.154 so the god is more expensive in the U.S.
• D)1.154 so the good is more expensive in China.

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Definitions:

Behavior Settings

Environments or contexts that influence patterns of behavior by their structural or social characteristics.

Theory of Emotions

A psychological framework suggesting that emotional experiences arise from physiological responses to external events.

Sociofugal

Space design intended to discourage social interaction among individuals within it.

Territory

An area of land or space that an individual or group claims, controls, or occupies, often marked and defended from others.