A Question 32 1 pts You are considering twojob offers, one in Singapore and one in Taipei. The position in Singapore pays SGD120.000 per year and the position in Taipei pays TWD1,300,000 per year. The price level for a basket of goods in Singapore is SGD20.200 and TWD198,144 for an equivalent basket of goods in Taiwan. The current spot rate is SGD0.044/TWD. Hence, the TWD is according to the absolute purchasing power parity. Undervalued Overvalued Fairly priced Not enough information Question 33 3 pts You are considering two job offers, one in Singapore and one in Thipel. The position in Singapore pays SGD 120,000 per year and the position in Taipei pays TWD1,300,000 per year. The price level for a basket of goods in Singapore is SGD20.200 and TWD198,144 for an equivalent basket of goods in Taiwan. The current spot rate is SGD0.044/TWD. What amount of appreciation or depreciation of the TWD would be required to return the actual exchange rate to its equilibrium? Appreciation of 231.7% Appreciation of 131.7% Depreciation of 231.7% Depreciation of 131.7% None of the above