Macroeconomics 1

(3 points) How many dollars would it cost to buy an Edinburgh Woolen Mill sweater costing 50 British pounds if the exchange rate is 1.50 British pound per one dollar? (3 points) If the exchange rate () increase from 1.5 to 2. Is this an appreciation or a depreciation of the Pound? 3. (5 points) What is the expected dollar rate of return on euro deposits if today's exchange rate is $1.10 per euro , next year's expected exchange rate is $1, 167 per euro , the dollar interest rate is 10%, and the euro interest rate is 5%