Suppose Purchasing Power Parity (PPP) Depends Only on Hamburgers

question 158

Multiple Choice

Suppose purchasing power parity (PPP) depends only on hamburgers. The exchange rate is C$1.00 = US$0.80 and hamburger prices are C$2.00 in Canada. PPP suggests that the price of a hamburger in the U.S. should be

• A) US$ 1.25.
• B) US$ 2.00.
• C) US$ 2.50.
• D) US$ 1.60.
• E) US$ 0.80.

Distinguish between core and non-core HR activities and their impact on outsourcing decisions.

Understand the impact of outsourcing on employee and organizational outcomes, including morale and brand image.

Grasp the strategic role of HR activities and their suitability for outsourcing.

Comprehend the importance of maintaining confidentiality and security when outsourcing HR functions.

---

Definitions:

Saturday Evening Post

A longstanding American magazine that began publication in 1821, known for its journalism, fiction, and illustrations.

Carlos Bulosan

was a Filipino American author best known for his 1946 autobiography, "America Is in the Heart," depicting the Filipino immigrant experience.

Norman Rockwell

An American painter and illustrator known for his depictions of American culture, producing covers for The Saturday Evening Post magazine for nearly five decades.