Question 12 1 pts Suppose the price of a BigMac in the US is $3.25 while it is JY 290 in Japan and RMB 28 in China. According to the going exchange rate one USD is equal to 100 yen and 8 RMB. At the going exchange rate, the dollar price of BigMac in Japan is _and in China is _ 53.25. 58.53 53.15: $8.53 53.22: 52.60 $2.90: $3.50 1 pts Question 13 Suppose the price of a BigMac in the US is $3.25 while it is JY 290 in Japan and RMB 28 in China. According to the going exchange rate one USD equal to 100 yen and 8 RMB The PPP exchange rate at which the price of a Mac will be identical in the US and Japan, 1 USD -0.00112 yen JUSD -0.00100 von 1050 - 100 yen 1 USD