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You are considering two job offers, one in Australia and one in Canada. The position in Australia pays AUD183,300 per year. The price level for
You are considering two job offers, one in Australia and one in Canada. The position in Australia pays AUD183,300 per year. The price level for a basket of goods in Australia is AUD14,392 and CAD16,269 for an equivalent basket of goods in Canada. The current spot rate is AUDO.9281/CAD. Assume that you are otherwise indifferent between these two locations. How much would the job in Canada need to pay you to make you equally well off as the job Australia? O a. CAD207,206 O b. CAD162,152 O c. CAD197,500 O d. CAD170,121 O e. CAD204,224
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