isl244emacroeconomicsproblemsession-12内容摘要：
ing table: Food Transportation Services Price Quantity Price Quantity Mexico 10 pesos 800 30 pesos 300 United States $2 2,000 $3 3,000 a. Compute . consumption per capita in dollars. b. Compute Mexican consumption per capita in pesos. c. Suppose that 1 dollar is worth 10 pesos. Compute Mexico’s consumption per capita in dollars. d. Using the purchasing power parity method and . prices, pute Mexican consumption per capita in dollars. e. Under each method, how much lower is the standard of living in Mexico than in the United States? Does the choice of method make a difference? Chapter 10QC2 (Page: 242) SOLUTION: (SEE PAGES: 228229) The table should read as follows. Food Transportation Services Price Quantity Price Quantity Mexico 10 pesos 800 30 pesos 300 United States $2 2,000 $3 3,000 a. . consumption per person = $2(2020) + $3(3,000)=$13000 b. Mexican consumpt。阅读剩余 0%
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