Recall the Application about the price of Big Macs in China and around the world to answer the following question(s) .
The following table is taken from the Application. For several years, The Economist has measured the prices of Big Macs throughout the world and compared the price differences to exchange rates.
-According to the table, the Big Mac would cost the same in China and the United States at an exchange rate of ________ yuan for every one U.S. dollar.
A) 1.27
B) 2.72
C) 3.67
D) 6.32
Correct Answer:
Verified
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