K 71 Consider the following information for the hypothetical country of Macroland: The official K y exchange rate for the country's currency is 1 US Dollars = 20 Macro Dollars. In addition, you are told that in Macroland 100 Macro Dollars are able to buy the same basket of goods and services that 4 US Dollars are able to buy in the US. It follows that, when looking at the official exchange rate, the US Dollar is _ and the Macro Dollar is Select one: O a. overvalued; overvalued O b. undervalued; undervalued O c. overvalued; undervalued O d. undervalued; overvalued