Monetary policy and inflation

a. Suppose that the Fed Reserve adopts an inflation targe of 3% for its monetary policy. If the long run growth rate of real GDP(Y) is 2%, then at what rate would the quantity of money (or money supply) have to grow to meet this inflation target? b. In the short run, why might the Federal Reserve miss their inflation target of 3%? I know that in the long run Money is neutral and that velocity and real GDP Y are constant in the quatity equation MV=PY. I don't know how can you place the inflation rate to get the rate.

International Monetary & problems with it

With international political economics theory as a central part, I need to identify problems with organizing the international currency system. Please in detail.

Monetary Policy

I need an in depth understanding of monetary policy. What are the advantages and disadvantages? Is there any limitations? How can congress or the president help the nation? Do we need monetary in the country?

covered interest arbitrage/purchasing power parity

Q1 a)180-day interest rate is 1% & 3% respectively in the US and Japan spot rate & 180-day forward rate are equivalent= 120 yen per one US dollar As a trader of a commercial bank how would I invest $1 million and earn risk free return by engaging in covered interest arbitage. b)inflation rate in US and Japan & Japan respectively Spot rate =$.0083333 per one Japanese Yen or 120Y=1US$ How much does US dollar have to depreciate to maintain purchasing power parity?

BOP adjustment for one country only(recently)

Can you give me the type or types of adjustment made in the balance of payment(BOP) for one particular country recently, and why it was done in brief. plse include a website link. Thanks