Multiple Choice
According to purchasing-power parity theory, if the same fast-food hamburger costs $4.00 in Canada and 20 Tunisian dinars, what should the exchange rate be?
A) 1/5 Tunisian dinars per dollar
B) 1 Tunisian dinar per dollar
C) 5 Tunisian dinars per dollar
D) 25 Tunisian dinars per dollar
Correct Answer:
Verified
Correct Answer:
Verified
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