The table below shows the price of a Big Mac in the United States and two other countries, along with the exchange rate measured in the number of dollars for one unit of the foreign currency. Country Price in Domestic Exchange Rate Currency US. 5.00 dollars 1.00 United Kingdom 3.75 pounds 1.25 China 20 yuan 0.15 Recall that purchasing power parity (PPP) is the idea that a unit of currency should be able to buy the same quantity of goods and services in any country. Use the information in the table to see whether PPP holds. The price implied by PPP for a Big Mac in United Kingdom is 6.25 pounds. Part 2 (1 point) The price implied by purchasing power parity (PPP) for a Big Mac in China is 0.75 yuan. O See Hint