Post a New Question

Macro economics

posted by .

If Coke sells for $1.20 Canadian and for .75 pounds in the U.K., determine what the exchange rate should be if purchasing power parity hold

  • Macro economics -

    Cross multiply and solve for x to find the price of Can$1.00 in pounds.

    1.2/0.75 = 1/x

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

More Related Questions

Post a New Question