Question 5 Consider the long-run monetary model with constant population. In Japan, real output growth is 2% per year while it is 5% per year in South Korea. The Bank of Japan (it's central bank) increases the supply of yen at a rate of 3%per year, while the Bank of Korea increases the supply of won at 10% per eyear. 1. What is the long-run ination rate in Japan? In South Korea? 2. What is the long run annual change in the yenwon exchange rate? 3. Suppose that the Bank of Korea wants to maintain a xed exchange rate with the yen. What is the rate of growth in the won that is consistent with a xed exchange rate in the long run? Question 6 Several countries that have experience hyperinations have ended them by abandoning their currency entirely (at least for a time) and using the dollar as its domestic currency (e.g. Ecuador). This is known as \"dollarization.\" Why would a country dollarize instead of just adopting a xed exchange rate