Question 1 The graph below provides the demand for and supply of U.5. Dollars. The exchange rate (or alternatively, the price of a U.5. Dollar) is denominated in lapanese Yen (). 155 w150 Exchange Rate (/5) 145 140 133 V125 Loooncdoemnfonn e cfem b oo e e Demand z 4 G a 10 12 Quantity of Dallars (billions) Part (i): What is the equilibrium value of $1 in terms of lapanese Yen? Part {ii): How many U.5. Dollars does it cost to purchase 17? Round your answer out four decimal places. Part (iii): Suppose that an increase in the U.5. real interest rate increases the demand for U.5. Dollars by 54 hillion at each exchange rate. Identify the new equilibrium exchange rate for the U.5. Dollar. Has the U.S. Dollar appreciated or depreciated in response to the rise in the U.5. real interest rate? Part (iv): Suppose that an increase in the U.S. real interest rate increases the demand for U.S. Dollars by 54 hillion at each exchange rate. Identify the new equilibrium exchange rate for the Japanese Yen. Has the Japanese Yen appreciated or depreciated in response to the rise in the U.5. real interest rate? Round your answer out four decimal ploces