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Question(s) / Instruction(s):

Lets return to the Big Mac Index and the concept of Purchasing Power Parity. If the price of a Big Mac burger in the United States is $4.25 and the current €/$ exchange rate is €0.7506/$, what is the implied price of a Big Mac in France?
A) $3.19
B) €3.19
C) €5.66
D) €4.25

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