A box of candy costs 28.80 Swiss francs in Switzerland and $20 in the United States.Assuming that purchasing power parity (PPP)holds,how many Swiss francs are required to purchase one U.S.dollar?
A)0.9448
B)1.0498
C)1.1664
D)1.2960
E)1.4400

Question

Quizplus · Accepted Answer

The Answer of A box of candy costs 28.80 Swiss francs in Switzerland and $20 in the United States.Assuming that purchasing power parity (PPP)holds,how many Swiss francs are required to purchase one U.S.dollar?
A)0.9448
B)1.0498
C)1.1664
D)1.2960
E)1.4400

A Box of Candy Costs 28