Author Question: External balance refers to A) an economy which is on its LM curve. B) an economy which is on ... (Read 28 times)

leilurhhh

  • Hero Member
  • *****
  • Posts: 560
External balance refers to
 
  A) an economy which is on its LM curve.
  B) an economy which is on its IS curve.
  C) an economy which is on its BP curve.
  D) All of the above.

Question 2

An industry is characterized by scale economies and exists in two countries. In order for consumers of its products to enjoy both lower prices and more variety of choice
 
  A) the two countries must engage in international trade with each other.
  B) each country's marginal cost must equal that of the other country.
  C) the marginal cost of this industry must equal marginal revenue in the other.
  D) the monopoly must lower prices in order to sell more.
  E) they must combine to become a multinational corporation.



morrie123456

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

For a complete list of videos, visit our video library