Question: Homework help Macro The Big Mac Index analyzes purchasing-power parity for several countries using the price of Big Macs. Below are data for a few

Homework help Macro

Homework help Macro The Big Mac Index analyzes purchasing-power parity for severalcountries using the price of Big Macs. Below are data for afew countries. For each country, compute the predicted exchange rate of the

The Big Mac Index analyzes purchasing-power parity for several countries using the price of Big Macs. Below are data for a few countries. For each country, compute the predicted exchange rate of the local currency per (/) Canadian dollar. Assume that the price of a Big Mac in Canada is $4.79. Country Price of a Big Mac Predicted Exchange Rate Indonesia 30 500mplah _ rupiah/SCAD Hungary 900 farint _ foam/SCAD (Zed: Republic 70.0 koruna _ karma/SCAD Thailand 108 baht _ baht/SCAD china 17.0 yuan _ yuan/SCAD Question 46 (5 points) According to Purchasing Power Parity, the predicated exchange rate between the Indonesia Rupiah and the Canadian Dollar should be ____ Indonesia Rupiah for $1 Canadian. (Please round your answer to two decimal places) According to Purchasing Power Parity, the predicated exchange rate between the Hungary Forit and the Canadian Dollar should be _____ Hungary Forit for $1 Canadian. (Please round your answer to two decimal places) According to Purchasing Power Parity, the predicated exchange rate between the Czech Republic Koruna and the Canadian Dollar should be _____ Czech Republic Koruna for $1 Canadian. (Please round your answer to two decimal places) According to Purchasing Power Parity, the predicated exchange rate between the Thailand Baht and the Canadian Dollar should be _ _ _ Thailand Baht for $1 Canadian. (Please round your answer to two decimal places) A/According to Purchasing Power Parity, the predicated exchange rate between the China Yuan and the Canadian Dollar should be _____ China Yuan for $1 Canadian. (Please round your answer to two decimal places) A

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