1. Suppose that the dollar real exchange rate appreciates by 10% against the euro, depreciates by 20% against the pound, and appreciates by 25% against the yen. If the United States trades equally with each country, the dollar real effective exchange rate ____ by ____. 2. Suppose the MPC is 0.8 in Canada and the MPC of home goods, MPCH i= 0.55. If income increases by $100 million in Canada, then the increase in consumption of foreign goods will be ____. 3. If the dollar appreciates against the Mexican peso, consumers in Mexico are likely to buy ____ products, and consumers in the United States are likely to buy ________ Mexican products. This phenomenon is known as _____