If you were the finance minister of Never-Never Land, how would you estimate the long-run exchange rate of your currency, the neverback? Defend your choice as well as discuss its possible failings....

If you were the finance minister of Never-Never Land, how would you estimate the long-run exchange rate of your currency, the neverback? Defend your choice as well as discuss its possible failings. Dr. Dollar Bill believes price stability is the main goal of central bank policy. Is the doctor more likely to prefer fixed or flexible exchange rates? Why?