You don't have to explain incorrect answers.Please tell me correct answers and briefly explain why those answers are correct.. No need to hurry. 11.Monetary is regard BOP as approach to adjust the difference between money supplyand demand. Within the framework of monetary, then change of income and changeof exchange rate will affect the change of money demand then make the differenceand BOP can adjust the gap.A: national income and domestic absorptionB: money supply and demandC: export and importD: surplus and deficit12. In the flexible-price monetary model, the "reduce-form" exchange rate equation isexpressed as S= (m-m*)- ŋ(y-y*)+ 0 (r-r*), the spot exchange rate (the dependentvariable) on the left-hand is determined by the variable (explanatory variable) list onright-hand side of the equation. which variable is NOT determined the exchange rate?A: money stock change B: national income change C: government expenditureD: interest ratebetween

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11.Monetary is regard BOP as approach to adjust the difference between money supply and demand. Within the framework of monetary, then change of income and change of exchange rate will affect the change of money demand then make the difference and BOP can adjust the gap. A: national income and domestic absorption C: export and import between B: money supply and demand D: surplus and deficit