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Question 22 Not yet answered Assume that EUR11,379 is the current price level in France, while GBP17,205 is the current price level in the United Kingdom for an equivalent bundle of goods. Given a spot exchange rate of EUR1.0750/GBP, what is the internal and external purchasing power of EURO.90 million? Is the Euro overvalued or undervalued relative to the British pound? Marked out of 1.00 P Flag question Select one: O 79.09 consumption bundles; 48.66 consumption bundles; overvalued 52.31 consumption bundles; 73.57 consumption bundles; undervalued O 73.57 consumption bundles; 52.31 consumption bundles; overvalued O 52.31 consumption bundles; 73.57 consumption bundles; overvalued 79.09 consumption bundles: 48.66 consumption bundles; undervalued