The current price level in the U.S. is $14,000 per consumption bundle, and £10,000 per consumption bundle in the U.K.. The current exchange rate is $1.65/£. You are trying to decide between two job offers. One consulting firm offers you $150,000 per year to work in its New York office. A second consulting firm wants you to work in its London office with an offer of £100,000 per year. Assume you are indifferent between working in the two cities if the purchasing power of your salary is the same. Which offer should you take? Explain.