Suppose you have 12 employees earning $25 per hour and 48 employees earning $57 per hour. How much do you pay these employees each year for doing personal business online?
a. $15,180 c. $394,860
b. $157,872 d. $789,360
D
Business
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What will be an ideal response?
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Answer the following statement true (T) or false (F)
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The price of a Big Mac in the U.S. is $3.41 and the price in Mexico is Peso 29.0. What is the implied PPP of the Peso per dollar?
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Indicate whether the statement is true or false
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