Question: QUESTION 14 A document camera costs $88.80 in the U.S. If absolute purchasing power parity exists, what will the same document camera cost in Japan

QUESTION 14

  1. A document camera costs $88.80 in the U.S. If absolute purchasing power parity exists, what will the same document camera cost in Japan if the indirect quote is 107.04?

    a

    JPY9,171.26
    b

    JPY9,380.22
    c

    JPY9,505.15
    d

    JPY9,754.66
    e

    JPY9,981.40

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