The price of a Big Mac in the U.S. is $7.4 and the price in Mexico is Peso 15.3. What is the implied PPP (E(S)) of the P

[answerhappygod]

The Price Of A Big Mac In The U S Is 7 4 And The Price In Mexico Is Peso 15 3 What Is The Implied Ppp E S Of The P 1 (46.39 KiB) Viewed 52 times

The price of a Big Mac in the U.S. is $7.4 and the price in Mexico is Peso 15.3. What is the implied PPP (E(S)) of the Peso per dollar (Peso/$)? Given the exchange rate (P 5/$), is the peso undervalued or overvalued?" Ps.7.90/S-undervalued Ps.113.22/S-overvalued Ps.7.90/S-overvalued Ps.2.07/$-undervalued Ps0.48/$-undervalued Ps.2.07/$-overvalued Ps.113.22/S-undervalued Ps0.48/S-overvalued