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Given the information: Price of a BigMac in US: USD 3.75 Price of a BigMac in Japan: JPY 320 Exchange rate of JPY in Indirect
Given the information: Price of a BigMac in US: USD 3.75 Price of a BigMac in Japan: JPY 320 Exchange rate of JPY in Indirect Quote (JPY/USD): 1 USD = 120 JPY At the going exchange rate, the dollar price of BigMac in Japan is: $3.00 $4.50 $2.67 $3.84
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