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Please answer this question The following scenario describes the economic situation between Malaysia and Thailand: i. Current growth rate of Malaysia's National Income is higher

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The following scenario describes the economic situation between Malaysia and Thailand: i. Current growth rate of Malaysia's National Income is higher than its counterpart in Thailand. ii. The consumer price index in both, Thailand and Malaysia are rising at the same rate. iii. Government of Malaysia relaxing its restrictions on the ability of foreigners to buy Malaysian real estate and properties. iv. The inflation rate in Malaysia is higher than in Thailand. V. Thailand's wages are falling relative to Malaysia's wages, but Thailand productivity is rising compared to Malaysian's productivity. Required: For each item above, describe whether the value of Ringgit Malaysia (RM) will appreciate, depreciate, or remain the same in relative to Thailand Bhat (THB). Assume other factors are held constant except for exchange rates that are free to vary

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