Question: please need accurate and short answer for this two question no need long answer just short and accurate i will upvote your answer thank you

please need accurate and short answer for this two question no need long answer just short and accurate i will upvote your answer thank you

5 Under perfect asset substitutability assumption, if the Fed sells foreign reserves with sterilization, what is its effect upon U.S. money supply, exchange rate of US dollar and the balance of payment (BOP) of U.S.respectively? Explain briefly why. (10.05) 6 To enhance economic growth under fixed exchange rate regime, the effects of fiscal expansionary and monetary expansionary are different, explain why with the DD-AA model. (10.05)

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