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Question
10,000 bushels of corn currently sells in the U. S. for $57,300. The current exchange rate is 45.5 rupees to the dollar. If purchasing power parity prevails, what is the price of 10,000 bushels of corn in rupees?A) 2,607,150 rupees
B) 12,593.34 rupees
C) 45,500 rupees
D) 260,715 rupees
Answer
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Related questions
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