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Can I get help for b)? Thank you! Question 4 [10 points] In a hypothetical world. between last year and this year, the CPI in

Can I get help for b)?

Thank you!

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Question 4 [10 points] In a hypothetical world. between last year and this year, the CPI in Germany rose from 100 to 105 and the CPI in Japan rose from 105 to 115. Germany's currency unit, the Euro(EUR), was worth 0.86(EUR) per Canadian dollar last year and is worth O.67(EUR) per Canadian dollar this year. Japan's currency unit, the Yen(JPY), was worth 88.9(JPY) per Canadian dollar last year and is worth 88.85(JPY) per Canadian dollar this year. a) Find the percentage change from last year to this year in Germany's nominal exchange rate with Japan (measured as # of Euros/1 Japan Yen). NOTE: Please keep as much precision as possible throughout your calculations and round off your final answer to two decimal places. [Percentage change = 22.05% I b) Find the percentage change from last year to this year in Germany's real exchange rate with Japan. Again, assume that we are measuring the nominal exchange rate portion as the # of Eurosl1 Japan Yen. NOTE: Please keep as much precision as possible throughout your calculations and round off your final answer to two decimal places. [Percentage change = 0% I c) Relative to Japan, do you expect Germany's exports to be helped or hurt by these changes in exchange rates? 0 Helped 0 Hurt

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