9. A wage-price spiral can occur when: a. there is unemployment and an increase in money supply. b. there is unemployment and low aggregate demand in the economy. c. there is full-employment and low aggregate demand in the economy. d. there is full-employment of resources and an increase in money supply. e. there is unemployment and a decrease in money demand. 10. Suppose an investor invests in a savings account in England one year ago. At the time of investment, the investor converted $100,000 to pounds at an exchange rate of 1.404$/. Assume the interest rate in England was 3% and today the investor is converting his/her savings balance (principal plus interest) to dollars when the exchange rate is 1.464$/. How much money will the investor receive? (This is NOT a multiple choice question show your work to receive full credit.)