In Course: ECON 102/LECT/B-2 X M Question 7 - Assignment # 8 X M eBooks - My Bookshelf X 11.2 Flexible Exchange Rates x Course Hero X + G go ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%25... * New Chrome available : Netflix o Mail - Jenna McKe... In Keyano College iL... ATB Welcome to ATB O... McGraw Hill Conn... M My Bookshelf All Bookmarks Assignment # 8 i Saved Help Save & Exit Submit Check my work 7 The graph below illustrates hypothetical supply and demand curves for the Canadian dollar. Use the graph to answer the questions below. 1.00 Tools D2 0.98 Price of Canadian dollars in U.S. dollars 0.96 0.94 0 40 80 120 160 200 240 280 Quantity of Canadian dollars (billions) Mc Graw HillIn Course: ECON 102/LECT/B-2 X M Question 7 - Assignment # 8 X M eBooks - My Bookshelf X 11.2 Flexible Exchange Rates x Course Hero X + G go ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%25... * New Chrome available : Netflix o Mail - Jenna McKe... In Keyano College iL... ATE Welcome to ATB O... McGraw Hill Conn... M My Bookshelf All Bookmarks Assignment # 8 i Saved Help Save & Exit Submit Check my work 7 a. What is the quantity of dollars exchanged, given D1 and S1? billion. b. What is this quantity worth in U.S. dollars? Round your answer to 1 decimal place. $ billion in the U.S. c.If the demand for the dollar increases by 60, draw in the new demand curve labelled D2. On the graph above, plot only the endpoints of the curve. d. What is the quantity of Canadian dollars exchanged if the exchange rate is flexible? quantity of Canadian $ exchanged: $[ billion. Suppose instead that the dollar is fixed at the original value. e. As a result of the change in (c), what is the quantity of Canadian dollars exchanged? $ billion. f. What is this quantity worth in U.S. dollars? Round your answer to 1 decimal place. $ billion in the U.S Mc Graw Hill