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[MUST SHOW WORK] A basket of goods costs C$2.50 in Canada and US$2.00 in the U.S. The PPP exchange rate is Question 7Select one: A.

[MUST SHOW WORK] A basket of goods costs C$2.50 in Canada and US$2.00 in the U.S. The PPP exchange rate is Question 7Select one: A. US$1.00 = C$2.50 B. C$1.00 = US$0.80 C. C$1.00 = US$0.75 D. US$1.00 = C$1.50

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