Hello, need help with the macroeconomics FRQ questions. Please follow the instructions from the picture.

vico increases 2. Assume the two countries, Xenia and Yania, have fled exchange rates. The currency in Xenia is the xen doll we berween Mexico and (XD), and the currency in Yania is the yan dollar (YD Canada (expressed a. Assume the current account in Yania is in defici dollar the price level declines. Use a correctly labeled a. It increase of the foreign exchange market to show the effen the value of the YD. will remain unchanged b. Will the current account deficit in Yania increase d. It will depreciate, decrease, or remain unchanged? Explain (5 point The change rate cannot be 3. Assume the economy of the country of Mininia is ini determined. recession. from imposition a. Use a correctly labeled graph of AD, SRAS, and LL to illustrate each of the following: increase in co went revenue i. the equilibrium output and price level, labeled b. an increase i and PL ii. the long-run equilibrium output, labeled ); cast in domestic demand b. Show the effect of an expansionary fiscal policy on e. an increase in dor price your graph from part a. Label the new output level 25. Assume the c. Draw a correctly labeled graph of the foreign Talall dollar in Australia m exchange market for the country's currency, the mina, relative to the U.S. dollar. Sonal d. How will the value of the mina be affected by the Demand Demand for AUD Value of AUD change in output shown on your graph from part b? Show the effect on your graph from part dence and explain. (8 points) appreciates depreciates e. increase increases appreciates Free-Response Questions 1. Draw a correctly labeled graph showing equilibrium in the market for Chinese yuan being exchanged for U.S. dollars (USD). a. Assume the real interest rate in China falls relative to the real interest rate in the United States. Show the impact of the change in the real interest rate on your graph. b. How will the change in relative interest rates from part a affect the value of Chinese yuan relative to the U.S. dollar? c. Assume that the U.S. current account balance is zero. Based on the change in the value of the yuan, will the U.S. current account balance move to a surplus, move to a deficit, or stay the same? Explain. (5 points) 374 Macro . Unit 6 International Trade and Financ