I need help with part A and B of question 1

1. Moneta Approach to Exchange Rates Suppose you learn that the current exchange rate for the Chinese Yuan is $1 = 6 Yuan. If you expect Chinese monetary growth to be a total of 5% larger over the next ten years than US monetary growth, what is your best guess as to the exchange rate ten years from now? What theory underlies your prediction? Explain why we apply this theory here over a long run period, like 10 years, rather than over a short period, say less than a year? If you expect that in addition to the higher money growth rate in China above, you also expect the output growth rate to be higher in China by 9%. Would you predict that the value of the Chinese Yuan will appreciate or depreciate relative the dollar (more or fewer yuan per dollar)