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It's not 3.38 either World travelers have discovered that Big Macs taste pretty much the same everywhere, but a Big Mac's price can vary tremendously.

It's not 3.38 either

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World travelers have discovered that Big Macs taste pretty much the same everywhere, but a Big Mac's price can vary tremendously. If you want a Big Mac in a foreign country, you need to figure out foreign prices. Use the following data related to the price of Big Macs and exchange rates around the world to see where the Big Mac was more or less expensive in 2020. a. Calculate the dollar price of a Big Mac in each of the following countries: Instructions: Round your responses to two decimal places. Price of Big Mac in Country Foreign Currency (2020) Exchange Rate (2020) U. S. Dollar Price Russia 225 rubles 77.5 rubles = 1 U.S. dollar 2.90 Japan 750 yen 105.5 yen = 1 U.S. dollar 7 . 10 South Africa 64,5 rand 16.8 rand = 1 U.S. dollar 3. 83 Malaysia 16 ringgit 4.15 ringgit = 1 U.S. dollar . 44 b. The U.S, dollar price of a Big Mac was the highest in Japan

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