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If a Big Mac costs $2.85 in the U.S., and in Japan 257 Yen, then according to purchase power parity (PPP) theorem, what is the
If a Big Mac costs $2.85 in the U.S., and in Japan 257 Yen, then according to purchase power parity (PPP) theorem, what is the implied exchange rate in Yen/$US? Round your answer to the nearest third decimal place. For example, enter 123.4567 as 123.457
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