If an item costs 4 Euros in Germany, assuming purchasing power parity with current exchange rates of $1.3135/€, what is the price of the item in the U.S.?

Name: If an item costs 4 Euros in Germany, assuming purchasing power parity with current exchange rates of $1.3135/€, what is the price of the item in the U.S.?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

To find the price in the U.S., multiply the cost in Euros by the exchange rate: 4 Euros * $1.3135/€ = $5.254, which rounds to $5.25.

If an Item Costs 4 Euros in Germany, Assuming Purchasing