Hi, I need help with this please

Question 3 [8 points] Complete the following. a) Complete the following statement. Monetary policies are effective in affecting GDP under a flexible exchange rate system because if the central bank cuts interest rates, we demand (Select one) foreign assets, our C$ (Select one) , our exports (Select one) and our imports (Select one) , so our Y rises. b) Complete the following statement. Monetary policies are ineffective in affecting GDP under a fixed exchange rate system because if the central bank cuts interest rates, we demand (Select one) foreign assets, we sell C$ and demand US$, but this creates pressure for C$ to (Select one) . BOC has to sell us US$ and buy our C$, causing the money supply to (Select one) so interest rates rise back to where they were. Ultimately there is (Select one) effect on the economy