In this drawing African ruler Mansa Musa is holding a gold nugget. During his pilgrimage to Mecca it has been said that he distr
ibuted so much gold that it lost some of it's value in some places. What did Mansa Musa's pilgrimage tell the world about Mali?
A) Mali had an enormous amount of wealth.
B) Mali was a culturally independent culture.
C) Mali's trade network was well established.
D) The people of Mali were strong and well fortified
A) Mali had an enormous amount of wealth.
B) Mali was a culturally independent culture.
C) Mali's trade network was well established.
D) The people of Mali were strong and well fortified
2 answers:
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Answer:
Hence correct option is b i.e 7.2 yuan.
Explanation:
Given data;
candy bar cost is $1
Nominal exchange rate = 6 yuan equal to 1 dollar
Real exchange rate is = 1.2 dollar per 6 yuan
Therefore price for one candy at china will be
The price of candy bar at china is = 7.2 yuan
Hence correct option is b i.e 7.2 yuan.