Work ONLY TWO of the Remaining 4 problems 4. Consider the exchange rates below for the Euro and the Japanese Yen. Rate I is the initial rate and rate II is the later rate. I. EUR E 0.91 = JPY 100 II. EUR E 0.86 = JPY 100 Y If the price of a case of beer brewed in Germany is EUR E 210.45 and the price of an Anime DVD box-set made in Japan is JPY 16,500 Y: a. Calculate the price of each nation's good in terms of the other nation's currency for both exchange rates. Calculate Euros to the nearest euro cent (i.e. (102.53) and Japanese Yen to the nearest whole Yen (i.e. 12,055 V). b. If the exchange rate changes from Rate I to rate II, determine the effect on the European Union's Net Export spending, Total Spending, Aggregate Demand and Real GDP. Determine the effect on the same data for Japan