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Question $2$

Uestion $2$

$1$ points

Calculate the real exchange rate for a Starbucks coffee if it costs $$2\mathrm{.}50$ in the USA and $240$ INR in India and the Nominal exchange rate is $80$ INR per dollar.

a$.0\mathrm{.}833$ Indian Starbucks coffee $/$ US Starbucks coffee.

b$.2$ Indian Starbucks coffee $/$ US Starbucks coffee.

c$.0\mathrm{.}75$ Indian Starbucks coffee $/$ US Starbucks coffee.

d$.1\mathrm{.}5$ Indian Starbucks coffee $/$ US Starbucks coffee.