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1. 2. A gadget costs $88.80 in the U.S. If absolute purchasing power parity exists, what will the same gadget cost in Japan if the
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A gadget costs $88.80 in the U.S. If absolute purchasing power parity exists, what will the same gadget cost in Japan if the indirect quote is 108.06? O JPY9, 171.26 JPY9,327.55 JPY9,595.73 OJPY9,746.21 JPY9,981.40 Sylvia M. won a prize of $7,600 and decided to go on vacation abroad. She spent SGD5,200 in Singapore and JPY310,000 in Japan. The exchange rates were SGD1 = $0.71 and $1 = JPY105.04. When she returned to the US, she converted the remaining money into Guatemalan Quetzal (GTQ) at the exchange rate $1 = GTQ7.70 and donated the money to a Guatemalan non-profit organization. How much, in GTQ, did Sylvia M. donate to the non-profit organization? O GTQ6.620.06 O GTQ6.966.52 O GTQ7,145.36 O GTQ7,255.18 a GTQ7,366.92Step by Step Solution
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