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Author Question: Unlike the steel industry, the automobile industry (a) became more concentrated. (b) became less ... (Read 83 times)

Haya94

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on: Jun 30, 2018
Unlike the steel industry, the automobile industry
 
  (a) became more concentrated.
  (b) became less concentrated.
  (c) remained the same in terms of concentration.
  (d) constantly fluctuated in terms of concentration.

Question 2

To maintain a fixed exchange rate, when the exchange rate moves above the target level, the central bank must
 
  a. sell foreign currency from reserves.
  b. buy foreign currency.
  c. raise taxes.
  d. raise government spending.
  e. pass a law that increases the exchange rate.


Anonymous

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Reply #1 on: Jun 30, 2018
Answer to Question 1

(b)

Answer to Question 2

B


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