If the price of the big mac is 250 in the us and 500
If the price of the Big Mac is $2.50 in the U.S. and 500 foreign units (F) in the foreign nations, then the predicted or implied exchange rate is:
A. $2.50/F
B. 500 F per dollar
C. 200 F per dollar
D. none of the above
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if the price of the big mac is 250 in the us and 500 foreign units f in the foreign nations then the predicted or
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