Could anyone please answer these 3 questions? I really appreciate your help! Thank you so much!

7. 8. A transitory expansion in the level of the foreign money supply lowers the price of foreign currency in terms of domestic currency. True or false, explain.1l The US. demand for real balances (14\") is given by L. = 5 Xys - 2R$ 6' where X35 is US. real income and equals 50; R$ is the nominal interest rate on dollar- denominated deposits. The supply of real balances, Mus /Pus is 100, Where Mus is the nominal money supply and Pus is the price level. The nominal interest rate in German- denominated deposits, R8, is ten percent (10) and the expected value of the price of a gum in terms of US. dollars E6 /8 is 32. Find the interest rate consistent with equilibrium in the US. money market and the dollar price of a giro consistent with the interest parity condition. Suppose the money supply is cut in half and this cut is permanent. What is the new interest rate in the US market? What is the new exchange-rate equilibrium in the short run? What is the overshooting? What is the exchange rate if the cut in the money supply is transitory?1l What are the effects of a permanent contraction of the foreign money supply on the exchange rate? Discuss the short run and the long run effects from the standpoint of the United Statesl