Suppose that a basket of consumer goods has values P0D=100 and P0F=1 in currencies D and F, so that S0D/F=D100/F. Expected inflation is E[pD]=10 percent and E[pF]=21 percent over the foreseeable future. a. What are the expected price levels E[P1F] and E[P1D] and the expected nominal exchange rate E[S1D/F] in one period? b. What is the expected real exchange rate X1D/F in one period using time zero as a base? c. What are the expected price levels in each country (E[P2F] and E[P2D]) and the expected real exchange rate E[X2D/F] in two years