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Question 26 The price of a Big Mac is 25 Rand in South Africa, and 5.7 U.S. dollar in the U.S. The implied exchange rate

Question 26 The price of a Big Mac is 25 Rand in South Africa, and 5.7 U.S. dollar in the U.S. The implied exchange rate based on PPP is please enter 1.23. Hint: we did a similar problem in the PPP interactive lesson) Question 26 of 40 4.5 points Save Answer Rand/$. (Please round to 2 decimals. For example, if you find the answer to be 1.234,
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