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Suppose hockey skates sell in Canada for 105 Canadian dollars, and 1 Canadian dollar equals 0.78 U.S. dollars. If purchasing power parity (PPP) holds, what

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Suppose hockey skates sell in Canada for 105 Canadian dollars, and 1 Canadian dollar equals 0.78 U.S. dollars. If purchasing power parity (PPP) holds, what is the price of hockey skates in the United States? a. $68.39 b. $72.10 c. $74.55 d. $79.80 e. $81.90

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