IF when cost $4 per bushel in the United States and 2 pounds per bushe – McqOptions

MCQOPTIONS

1.	IF when cost $4 per bushel in the United States and 2 pounds per bushel in Great Britain then in the presence of purchasing power parity the exchange rate should be ?
A.	$50 per pound
B.	$1.00 per pound
C.	$2.00 per pound
D.	$8.00 per pound
Answer» D. $8.00 per pound

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