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ssignment Score: 38.9% Resources Ly Give Up? Hint Check Answer estion 13 of 18 Suppose the price of a Big Mac is 4 dollars in

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ssignment Score: 38.9% Resources Ly Give Up? Hint Check Answer estion 13 of 18 Suppose the price of a Big Mac is 4 dollars in the United States (U.S.) and 596 forints in Hungary. The actual exchange rate between the U.S. and Hungary is 227 forints for 1 U.S. dollar. Using the theory of purchasing power parity, find the implied exchange rate between the U.S. and Hungary: Hungarian forints for 1 $ This implies that the Hungarian forint is when compared to the U.S. Dollar

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