Really struggling with this one here-- similar to a question I have on homework right now, the dollar is just appreciating instead of depreciating. How would price, unemployment, and real GDP be effected by the change in the value of the dollar in the long and short run? Here's the question in the homeowrk now:

a. Determine how the appreciation of dollar affects the US price level, real GDP and the unemployment rate in both short-run and the long-run. You can assume that the economy was in the long-run equilibrium before this change, and consider only the stated event. Place your answers in the boxes below (using an up arrow, a down arrow, or a dash if the level is constant).

a. Determine how the falling value of the dollar affects the US price level, real GDP and the unemployment rate in both short-run and the long-run. You can assume that the economy was in the long-run equilibrium before this change, and consider only the stated event. Place your answers in the boxes below (using an up arrow, a down arrow, or a dash if the level is constant). Short Run Long-Run P Y U P Y U b. Draw a diagram that supports your answers in part (a). Clearly label all the curves and equilibria as well as show the direction of changes using arrows