2. For each of the cases listed below, predict whether the exchange rate of the US dollar against the Swiss currency will appreciate or depreciate over the next year. State clearly the assumptions that you make a) The U.S. nominal interest rate is 3% while the Swiss rate is 5%. b) The U.S. inflation rate over the coming year is expected to be one percentage point higher than for Switzerland c) The US money supply increases at a faster rate while growth is also faster as compared to Switzerland. d) The US budget deficit increases due to the tax cut from President Trump. e) The US begins a trade war with China