Assume purchasing power parity holds and a Big Mac selis for $3.38 in the United...
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Assume purchasing power parity holds and a Big Mac selis for $3.38 in the United States and krona 127.40 in iceland. What is the krona/ $ exchange rate? Note: Do not include the krona sign. Do not round intermediate calculations and round your answer to 4 decimal places, e.g. 32.1616
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