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New Zealandand US havestrongtraderelations: Draw or explain the changes in supply demand graph for NZ dollars, ifinflation decreases in New Zeland?Does NZ dollars depreciate or

  1. New Zealandand US havestrongtraderelations:
  1. Draw or explain the changes in supply demand graph for NZ dollars, ifinflation decreases in New Zeland?Does NZ dollars depreciate or appreciate?(10 points)
  2. Does NZ dollars depreciate or appreciate, if income level increases in New Zeland? (5 points)

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