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Author Question: Monopolistic competitors in long-run equilibrium will generally find that they are earning economic ... (Read 31 times)

HudsonKB16

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on: Jun 30, 2018
Monopolistic competitors in long-run equilibrium will generally find that they are earning economic profits.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Under the _____ arrangement, the exchange rate is adjusted periodically by small amounts at a fixed, pre-announced rate or in response to certain indicators.
 a. currency board
  b. crawling peg
  c. reserve currency
  d. conventional fixed peg
  e. independent float


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aliotak

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

False

Answer to Question 2

b


HudsonKB16

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  • Posts: 535
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

raenoj

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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