Country: Price-level adjustment:
Australia -0.5
china .25
mexico .34
USA 0
A. $75,000
B. $33,333
C. $25,000
D. $37,500
Australia -0.5
china .25
mexico .34
USA 0
According to the information in the table shown, if someone were earning $50,000 in Australia, approximately what would she need to earn in the United States to enjoy the same standard of living?
A. $75,000
B. $33,333
C. $25,000
D. $37,500
Answer: B
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