Suppose a Burger King Whopper costs $3.54 in the United States.If we estimate the cost of a Whopper in Norway at U.S.$3.54,we have used the concept of GDP per capita to make the comparison.

Question

Quizplus · Accepted Answer

Comparing the cost of a Whopper in Norway and the United States using the exchange rate of the same amount in U.S. dollars does not take into account the purchasing power of the two countries. GDP per capita is a better indicator of the relative affordability of goods in different countries, but is not explicitly used in the comparison given.

Suppose a Burger King Whopper Costs $3