Question: urchasing Power Parity computer costs $ 5 1 0 in the United States. The same model costs 5 6 0 in France. If purchasing power
urchasing Power Parity
computer costs $ in the United States. The same model costs in France. If purchasing power parity holds, what is the spot exchange rate between the euro and the dollar? Do
ot round intermediate calculations. Round your answer to two decimal places.
euro $
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