10 points Save QUESTION 4 Suppose the number of workers required to produce one unit of nontradables falls to one in the US. What is the US wage rate now. 20 0.5 0.75 20 10 points QUESTIONS Given your anwer in 4. what is the price of nontradables in the US now 1.0 0.5 0.25 20 10 points Save A QUESTION Answer the following questions using the long run model of inflation and exchange rates developed in class. The Fed increases the money supply by 10 percent (0.10) while the us price level increases by five percent (0.05). Growth in Europe is zero (0:0). The US exchange rate depreciates by ten percent (0.10). What is the us growth rate 0.10 ODS 0.25 1.0 QUESTION 1 10 points Sent There are three countries, the US, China and Europe. It takes 2 workers to product one unit of montradables in the US, 8 workers in China and 4 workers in Europe. The price of nontradables is 1.0 in the US, 20 in China and in Europe. What is the wage rate in the US O 1.0 0.5 0.25 2.0 10 points Save QUESTION 4 Suppose the number of workers required to produce one unit of nontradables falls to one in the US. What is the US wage rate now. 20 0.5 0.75 20 10 points QUESTIONS Given your anwer in 4. what is the price of nontradables in the US now 1.0 0.5 0.25 20 10 points Save A QUESTION Answer the following questions using the long run model of inflation and exchange rates developed in class. The Fed increases the money supply by 10 percent (0.10) while the us price level increases by five percent (0.05). Growth in Europe is zero (0:0). The US exchange rate depreciates by ten percent (0.10). What is the us growth rate 0.10 ODS 0.25 1.0 QUESTION 1 10 points Sent There are three countries, the US, China and Europe. It takes 2 workers to product one unit of montradables in the US, 8 workers in China and 4 workers in Europe. The price of nontradables is 1.0 in the US, 20 in China and in Europe. What is the wage rate in the US O 1.0 0.5 0.25 2.0