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Please help D Question 7 5 pts Suppose that Argentina's dollar-denominated external assets and liabilities are $5 billion and $100 billion, respectively, and its Argentine

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D Question 7 5 pts Suppose that Argentina's dollar-denominated external assets and liabilities are $5 billion and $100 billion, respectively, and its Argentine peso-denominated external assets and liabilities are each 50 billion pesos (P). Suppose further that Argentina fixes its exchange rate at P1 = $US1. How was Argentina's net external wealth affected as a result of the devaluation of the peso (from P1 = $US1 to P3 = $US1)? O Net external wealth fell. Net external wealth rose. O Net external wealth was not affected. One cannot determine how net external wealth was affected with the information provided.D Question 3 5 pts Empirical studies using both baskets of goods (PPP) and individual goods have found that relative prices in two trading nations linked by fixed exchange rates: O experience more price convergence. experience more price divergence. O have less arbitrage and more speculation. O exhibit more volatility.Question 4 5 pts If the money supply is 2000, the price level is 10, and the inflation rate is 5%, what is the amount of seigniorage? O 20 O 10 200 0 5

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