Large firms in Germany have a

		board of directors.
		supervisory board.
		management board.
		supervisory board and a management board

The spot USD/GBP exchange rate is USD1.99/GBP. What is the indirect quote?

		GBP 0.6500/USD
		GBP 0.5025/USD
		GBP 1.2845/USD
		GBP 1.4875/USD

If a Big Mac costs $2.31 in the United States, and in Japan 250 yen, according to PPP, what is the implied exchange rate in yen/$US?

		0.00924
		108.22500
		119.79500
		250.00000