Question $48$

$2$ pts

If the assumptions for the theory of purchasing power parity are correct, then how much does an oil change for a Toyota Prius cost in Japan if the same oil change for the same Toyota Prius costs $$29\mathrm{.}95$ in the United States and the exchange rate is $$0\mathrm{.}011$ per Japanese yen?

This cost cannot be determined with the given information because oll changes are not tradable.

$2\mathrm{.}723$ yen

$0\mathrm{.}33$ en

$272$

$3\mathrm{.}29$ yen