Question: [SHOW YOUR WORK] Suppose purchasing power parity (PPP) depends only on donuts. The exchange rate is C$0.80 = US$1.00 and a dozen donuts in Windsor,

 [SHOW YOUR WORK] Suppose purchasing power parity (PPP) depends only on

[SHOW YOUR WORK] Suppose purchasing power parity (PPP) depends only on donuts. The exchange rate is C$0.80 = US$1.00 and a dozen donuts in Windsor, Canada costs C$8.00. PPP suggests that a dozen donuts in Detroit, USA cost Select one: A. US$ 8.25. O B. US$ 12.00 . C. US$ 6.00 O D. US$ 10.00 O E. US$ 7.00. Clear my choice

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