- You Are Considering Two Job Offers One In The United Kingdom And One In France The Position In The United Kingdom Pays 1 (25.15 KiB) Viewed 9 times
You are considering two job offers, one in the United Kingdom and one in France. The position in the United Kingdom pays
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
You are considering two job offers, one in the United Kingdom and one in France. The position in the United Kingdom pays
You are considering two job offers, one in the United Kingdom and one in France. The position in the United Kingdom pays GBP94,300 per year. The price level for a basket of goods in the United Kingdom is GBP12,084 and EUR13,763 for an equivalent basket of goods in France. The current spot rate is GBP0.9335/EUR. Assume that you are otherwise indifferent between these two locations. How much would the job in France need to pay you to make you equally well off as the job in the United Kingdom? O a. EUR107,402 O b. EUR82,796 O c. EUR101,018 O d. EUR88,029 O e. EUR105,482