2. In 2019: a. The currency in Finland is Euro. Finland had an inflation rate...

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2. In 2019: a. The currency in Finland is Euro. Finland had an inflation rate of 1.02 and an aggregate price of 78.48. b. The currency in Malaysia is Ringgit. Malaysia had an inflation rate of 0.66 and an aggregate price of 155.77. c. The published exchange rate in Finland was 4.896 Malaysia Ringgit / Finland Euro. Answer the following questions given the 2019 short-run trend in the exchange rate for Ringgit in Finland, ceteris paribus? Show your work. a. (7 points) What is the real exchange rate for Malaysia currency in Finland? b. (7 points) What will be the nominal exchange rate one year after 15 February 2021 ? c. (7 points) What will be the published exchange rate one year after 15 February 2021 ? 2. In 2019: a. The currency in Finland is Euro. Finland had an inflation rate of 1.02 and an aggregate price of 78.48. b. The currency in Malaysia is Ringgit. Malaysia had an inflation rate of 0.66 and an aggregate price of 155.77. c. The published exchange rate in Finland was 4.896 Malaysia Ringgit / Finland Euro. Answer the following questions given the 2019 short-run trend in the exchange rate for Ringgit in Finland, ceteris paribus? Show your work. a. (7 points) What is the real exchange rate for Malaysia currency in Finland? b. (7 points) What will be the nominal exchange rate one year after 15 February 2021 ? c. (7 points) What will be the published exchange rate one year after 15 February 2021

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