If a Big Mac hamburger sells for the same dollar value in New York as – McqOptions

MCQOPTIONS

1.	If a Big Mac hamburger sells for the same dollar value in New York as in London then ?
A.	the inflation rate in each country will necessarily equal zero
B.	the inflation rate in each country will necessarily equal 1 percent
C.	the exchange rates are said to be fixed pegged to each other
D.	purchasing power parity holds
Answer» E.

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