Whopper from Burger King costs 3.44 yuan in China, but $5.20 in the US. Assuming purchasing-power parity

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Whopper from Burger King costs 3.44 yuan in China, but $5.20 in the US. Assuming purchasing-power parity (PPP) holds, How many Chinese Yuan are required to purchase 1 US dollar.

Posted Date: May 18, 2024 10:06 PM

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Whopper from Burger King costs 3.44 yuan in China, but $5.20 in the US. Assuming purchasing-power parity

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