Multiple Choice
A box of candy costs 28.80 Swiss francs in Switzerland and $20 in the United States.Assuming that purchasing power parity (PPP) holds,how many Swiss francs are required to purchase one U.S.dollar?
A) 0.9448
B) 1.0498
C) 1.1664
D) 1.2960
E) 1.4400
Correct Answer:
Verified
Correct Answer:
Verified
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