Question: 7. Problem 17-03 eBook Problem 17-03 Purchasing Power Parity A computer costs $670 in the United States. The same model costs 790 euros in France.

7. Problem 17-03 eBook Problem 17-03 Purchasing Power Parity A computer

7. Problem 17-03 eBook Problem 17-03 Purchasing Power Parity A computer costs $670 in the United States. The same model costs 790 euros in France. If p curos in France. If purchasing power parity holds, what is the spot exchange rate betwoon the euro and the dollar? Do not round intermediate calculations. Round two decimall places Continue without saving

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