The table below reports the price of a Big Mac in various countries, and the exchange rate relative to the U.S. dollar. Price in domestic Exchange rate (foreign currency per dollar) U.S. dollar Chinese yuan Indian rupee Japanese yen Mexican peso The Big Mac Index currency 5.58 20.90 178.00 390,00 49.00 Use the information in the table to answer the questions below. 1.00 6.85 69.685 108.44 19.31 Price in U.S. dollars $5.58 3.05 2.55 3.60 2.54

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