Question: Use the (hypothetical) information in the following table to answer the following questions. Country Currency Currency per U.S. Dollar U.S. Price Index Country Price Index

Use the (hypothetical) information in the following table to answer the following questions.

CountryCurrencyCurrency per U.S. DollarU.S. Price IndexCountry Price Index
BritainPound.6200120
GermanyEuro.80200200
JapanYen10020018000
Saudi ArabiaRiyal4200900
VenezuelaBolivar62001200

For which country(ies) in the table does purchasing-power-parity with the U.S. hold?

A. Germany and Japan
B. Germany
C. Britain and Venezuela

D. Japan and Saudi Arabia

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