please solve

1. If a country chooses an interest rate plus inflation target as its nominal anchor, which of the following is likely to be true? a. The dollar will depreciate, and the effect will start now. The dollar will appreciate, and the effect will start now. C. The dollar will depreciate, and the effect will start in 3 months. d. The dollar will appreciate, and the effect will start in 3 months. 2. According to the uncovered interest parity equation, if currency traders have reason to expect that the spot rate in the future will be lower, what will happen to the current value of the home currency, holding other variables equal? a. It will depreciate. b. It will appreciate. C. It will not change. d. It depends on whether the home country has a fixed or flexible exchange rate with the foreign country. 3. What are some drawbacks of using the Big Mac Index to compute Purchasing Power Parity? a. Big Macs are not available in all countries worldwide. b. Big Macs are not easily available to all people in countries that have Mc Donald's stores. c. Big Macs are not a comprehensive look at goods purchased in each economy. d. All of the above