Monica and Dylan are doing a “thought experiment”. They are
imagining that Monica is in a space ship orbiting a black hole,
just outside the event horizon, while Dylan is in a space ship 1
light year away. Monica and Dylan each send each other a signal
using a laser. From each of their perspectives, their laser flashes
once a second. To Dylan, is Monica’s laser flashing faster, slower
or at the same rate (once a second)? Similarly, how fast does
Dylan’s laser appear to be flashing from Monica’s point of
view?