please only solve Q7,8

Country Year 1: Interest Rate Year 1: Year 2: Year 3: Year 4: Year 2: Year 3 Year 4: Year 1: Year 2: Year 3: Year 4: % % % % Interest Interest Interest Inflation Inflation Inflation Inflation Change Change Change Change Rate Rate Rate Rate Rate Rate Rate in 10 in IQ in IQ 1.56 3.51 5.15 1.99 2.75 3.22 3.07 0.00 0.00 0.00 0.00 2.79 1.86 2.54 2.58 6.91 3.88 3.90 0.00 0.00 -1.00 -2.70 in 10 US 1.15 China 2.62 Question 7 1 pts Over the 4-year period, what should have been the annual percentage change in the FX direct quote according to PPP? -1.48% -1.73% -0.98% -0.73% Question 8 1 pts Over this 4-year period, did the FX Appreciate or Depreciate in "real terms"? O Appreciated Depreciated No answer text provided. No answer text provided. Question 5 1 p What is the 4-year geometric mean of percentage change in the foreign exchange Indirect Quote (in %)? 0 -0.93% O 0.50 -0.50 -2.20 Question 6 1 pts What is the 4-year geometric mean of percentage change in the foreign exchange Direct Quote (in %)? 0.94% 3.79 2.86 3.54 Question 3 What is the 4-year geometric mean of the home country's (US) inflation rate? 0 2.76% O 3.25 O 3.72 O 3.57 Question 4 What is the 4-year geometric mean of the foreign country's inflation rate? O 4.31% O 7.41 O 4.38 O 4.40 Question 1 What is the 4-year geometric mean of the home country's (US) interest rate? 2.83% 02.06 4.01 5.65 Question 2 What is the 4-year geometric mean of the foreign country's interest rate? 2.45% 3.29 O 2.36 O 3.04