Suppose that the exchange value of the dollar equals two British pounds. If in San Francisco a computer costs $1,000 and in London it costs 2,000 pounds, then<\/p>
a. Purchasing power parity does not prevail.<\/p>
b. British consumers will buy computers in San Francisco.<\/p>
c. Americans will buy computers in London.<\/p>
d. Purchasing power parity prevails.<\/p>", "transcribed_text": "", "related_book": { "title": "Managerial Accounting Creating Value in a Dynamic Business Environment", "isbn": "78025664, 978-0078025662", "edition": "10th edition", "authors": "Ronald Hilton, David Platt", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/293.jpg", "uri": "\/textbooks\/managerial-accounting-creating-value-in-a-dynamic-business-environment-10th-edition-293", "see_more_uri": "" }, "free_related_book": { "isbn": "9401053006", "uri": "\/textbooks\/the-chemistry-of-b-lactams-1st-edition-978-9401053006-149958", "name": "The Chemistry Of B Lactams", "edition": "1st Edition" }, "question_posted": "2024-06-13 13:11:27", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-21", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/tull-bros-uses-the-allowance-method-to-account-for-uncollectible", "description": "Tull Bros. uses the allowance method to account for uncollectible accounts expense. 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