Solved

Assume That the Dollar Price of a Basket of Goods

Question 160

Multiple Choice

Assume that the dollar price of a basket of goods in the United States is $3 and the dollar price of the same basket of goods in China is $5.In addition,the yuan price of the same basket in the United States is 20 yuan.Given this information,the yuan price of the basket in China is ________.


A) 26.50 yuan
B) 30.50 yuan
C) 33.33 yuan
D) 105.50 yuan

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions