Background Information - India India currently has a managed float against the US Dollar. Over the past two months, India's stock of foreign exchange reserves has fallen Source - Reserve Bank of India, various news outlets over 5%. For this question, assume that this is the result of April 8, 2022 Currency 30.77 trillion INR intervention in the market between the US Dollar and the Rupee. April 8, 2022 Demand (Transaction) Deposits 21.66 trillion INR What is likely happening? April 8, 2022 Savings (Non-Demand or Non-Transaction) 155.16 trillion INR Deposits . The Reserve Bank of India is selling USD and buying INR in an attempt to revalue the rupee. 2021 Real GDI 147,540 billion INR 2020 Real GDP 135,130 billion INR The Reserve Bank of India is selling USD and buying INR in an attempt to devalue the rupee. 2021 Population 1.39 billion people 2020 Population 1.38 billion people The Reserve Bank of India is buying USD and selling INR in an attempt to revalue the rupee. Marginal Propensity to Consume 0.63 The Reserve Bank of India is buying USD and selling INR in an 2021 Q4 Exports 12.88 trillion INR attempt to devalue the rupee 2021 Q4 Imports 15.26 trillion INR (The currency of India is the Indian Rupee, abbreviated INR, and symbolized as {.) For this question, assume that the rupee is floating against the United Arab Emirates dirham. If the Reserve Bank of India implements expansionary monetary policy, what should we expect to happen to net exports (vis-a-vis the United Arab Emirates), all else equal? Answer this question in terms of how freely floating exchange rates intensify or dampen monetary policy. . Net exports should increase Net exports should decrease . Net exports should remain the same There is not enough information to answer this question Calculate India's real GDP per capita growth rate between 2020 and 2021. . Between 1961 and 2020, India has averaged a real GDP per capita growth rate of 5.76%. If it maintains this average, approximately how | long (in years) will it take for India's real GDP per capita to double? The Indian government has indicated that it wishes to pursue the ollowing policies over the next five years. Classify each as a primarily short-run or long-run policy. . Decreasing COVID relief spending Increasing access and quality of education . Increasing access to healthcare . Improving access to housing and infrastructure . Creating an environment that promotes innovation . Increasing tax revenue