5. It is announced today (time t ) that the interest rate in Europe will increase by 1% for one period starting today (time t ), and that this increase is transitory, i.e., it will reduce by 1% at time t+1. If the interest rate in the USA remains unchanged at time t and at time t+1, what is the effect of the announcement on today's dollar-euro exchange rate (number of dollars per euro)? To answer this question follow the same steps as in class. Draw the graphs of the interest rate differential and of the exchange rate