1. The Gold Standard operated between 1820 and 1914. Rich economies such as the U.K and France were on the Gold Standard. So too were developing economies such as Argentina. Assume that real interest rates in the U.K were 0.05. There is a risk premium for Argentina of 0.03. If income of all countries on the Gold Standard increased by 0.03 and the supply of Gold increased by 0.02, what is inflation in the U.K. 41-0.02 bj 0.01 () 0.03 d)-0.01 e) None of the above. 2. Given the information in question 1 above, what are nominal interest rates in the U.K a| 0.02 bj 0.04 () D.03 dj-0.01 e) None of the above 3. Given the information in question 1, above what are inflation rates in Argentina #| 0.02 bj 0.01 () D.03 d)-0.01 e) None of the above 4. Given the information in question 1, above what are nominal interest rates in Argentina | 0.06 bj 0.07 () 0.03 d)-0.06 e) None of the above5. Given the information in question 1 above, what are real interest rates in Argentina #|0.06 bj 0.05 ( 0.08 dj-0.01 el None of the above