Essay
While on a study abroad program you see a McDonald's in Paris. A combo meal costs 8 euros. The same meal costs $6 in the U.S. and the exchange rate is .75 euros per dollar.
A. Find the real exchange rate. Show your work.
B. In terms of dollars where is the combo meal cheaper?
Correct Answer:
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The real exchange rate = .75 x...View Answer
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Correct Answer:
Verified
View Answer
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