Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
Assume purchasing power parity holds and a Big Mac sells for $3.30 in the United States and kronur 125.69 in Iceland. Required: What is the kronur/$
Assume purchasing power parity holds and a Big Mac sells for $3.30 in the United States and kronur 125.69 in Iceland.
Required:What is the kronur/$ exchange rate?(Do not include the kronur sign. Round your answer to 4 decimal places (e.g., 32.1616).)
