Answer:
Both currencies are the same
Explanation:
Everything costs diffrent in diffrent places, for example iphone 13 in Europe costs 1399 Eur. While in US you can find it for only 999$ (1113 Eur.)
I hope it helps :)
-keidexo
The reason behind the more price of Big Mac in America than in Sweden is more inflation in America than in Sweden and also the more purchasing power of the people in America since it has a more powerful economy. Therefore, US Dollar is stronger than Sweden's currency.
A currency is a tool or medium for exchanging services or goods. It is generally determined by the government of the country which acquires its sole authority. In ancient times, the barter system was usually used as a medium of exchange. With time, people observed its limitations and invented a system which more useful. The advent of currency proved as a revolution and today the value of the currency of each country decides the economic power of that country in respect of the other ones.
So, the reason behind the more price of Big Mac in America than in Sweden is more inflation in America than in Sweden and also the more purchasing power of the people in America since it has a more powerful economy. Therefore, US Dollar is stronger than Sweden's currency.
To know more about currency, visit the link below:
https://brainly.com/question/14372075
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