Question: Look at Table 22.2 which shows the dollar price of Big Macs in different countries. Use the exchange rates in Table 22.1 to calculate the

Look at Table 22.2 which shows the dollar price of Big Macs in different countries. Use the exchange rates in Table 22.1 to calculate the price of a Big Mac in the local currency in each of the following countries:
a) Australia,
b) Brazil,
c) China,
d) The euro area,
e) Japan,
f) Switzerland, and
g) The U.K.

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