Suppose Turkey's inflation rate was 55%, and its real GDP growth rate was 7.3%. The country's exchange

Question:

Suppose Turkey's inflation rate was 55%, and its real GDP growth rate was 7.3%. The country's fell by 54% against the U.S. dollar, its velocity of money was unchanged, and government spending rose by 45%. Use the QTM (i.e., monetarist theory) to explain whether Turkey's inflation was due to fiscal policy, monetary policy, or the Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...