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can you answer asap please CICCJ Willys Review View 12 A A Aa A X, X AA EE a 21 1 AaB CDdB ABCD Normal

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CICCJ Willys Review View 12 A A Aa A X, X AA EE a 21 1 AaB CDdB ABCD Normal No Spacing AaBbCcD Heading 1 Section II Question 1: Real exchange rates Suppose you are given the following information about price indices and the nominal exchange rates in China and the United States Price Index in China, July 2005: 257.3460 Price Index in China, February 2019: 372.8223 Price Index in US, July 2005: 195.400 Price Index in US, February 2019: 252.776 Spot dollar price of the RMB, July 2005: 0.1216 Spot dollar price of the RMB, February 2019: 0.1484 a. Please use this information to calculate the real exchange rate for China, both in 2005 and 2019. Please show all work. (12 pts) 35 words TK English (United States) Focus D -- a. According to the article, and as emphasized in the lecture, how did th Reserve change its policy regarding the targeted Fed funds rate? Focus English (United States) orda c on - Page 1 of 1 250 words MacBook Pro 8 A A A PO EEVEEE 2 T * ALA A AaBbCcDdE Normal AaBbCcDdE No Spacing b. Based on your answer from part (a), can you conclude that China's currency is now definitely overvalued or definitely undervalued relative to the US dollar? Carefully explain your conclusion. (6 pts) UX English (United States) Focus E- a. According to the article, and as emphasized in the lecture, Reserve change its policy regarding the targeted Fed funds English (United States) Page 1 of 1 256 words UK MacBook Pro

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