plz explain thx!

ii. LUX: O Increased O Decreased O Remained unchanged b. For the year 2000, indicate whether the cost of goods in each country is relatively higher, lower, or equal, the cost of US goods. i. FIN: O Higher O Lower O Equal ii. LUX: O Higher O Lower O Equal c. Indicate whether the currencies have appreciated. depreciated. or remained unchanged. against the US'he following table shows the nominal and real exchange rates for two countries and two years (DECD, 2020a 'he column names are the country codes (not the currency codes) and the exchange rates are expressed as tl mount of the currency per unit of US dollar. Nominal Real Year FIN LUX FIN LUX 1986 0.8526 1.1074 0.9337 1.0972 2000 1.0827 1.0827 1.1006 1.1331 a. Indicate whether the cost of goods in each country has increased, decreased. or remained unchanged, relative to the cost of goods in the United states between 1986 and 2000. i. FIN: 0 Increased O Decreased O Remained unchanged 0 Increased O Decreased O Remained unchanged e. Answer this question for FIN. If we believe in the theory of purchasing power parity, what is likely to happen after 2000? i. Indicate whether the currency of FIN will appreciate, depreciate, or remain unchanged, against the US dollar in nominal term. O Appreciate O Depreciate O Remain unchanged ii. Indicate whether the currency of FIN will appreciate, depreciate, or remain unchanged, against the US dollar in real term. O Appreciate O Depreciate O Remain unchanged iii. Which of the following statements are correct? O The price level in FIN will increase faster than the price level in the United States. The price level in the United States will increase faster than the price level in FIN. The price level in the United States will remain the same as the the price level in FIN.c. Indicate whether the currencies have appreciated, depreciated. or remained unchanged, against the US dollar in real term. i. FIN: O Appreciated O Depreciated O Remained unchanged ii. LUX: O Appreciated O Depreciated O Remained unchanged d. For each countries and each year, what is the ratio P' /P, where P is the price level in the country and I is the price level in the United States. Round your answer to the nearest fourth decimal. Yea r FIN LUX 1986 at: alti 2000 at: $51