The price of a dozen roses in the united states is about 30, Dissertation

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The price of a dozen roses in the united states is about 30

Question: The price of a dozen roses in the United States is about $30. Use this information, to answer the following questions.

a. Assuming that PPP holds perfectly, what is the price of a dozen roses in Turkey? Express your answer in units of Turkish lira.

b. If the actual price in Turkey costs more lira than the answer you found in part (b), how might you account for the discrepancy?

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Dissertation: The price of a dozen roses in the united states is about 30

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