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Author Question: Monopolistic competition, like perfect competition, is a market structure in which firms can easily ... (Read 88 times)

james9437

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Monopolistic competition, like perfect competition, is a market structure in which firms can easily enter and leave the industry.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Assume that a country's government influences the exchange rate through active central bank intervention, with no pre-announced path for the exchange rate. This policy is known as a(n):
 a. floating exchange-rate policy.
  b. managed floating exchange-rate policy.
  c. fixed exchange-rate policy.
  d. crawling-peg exchange-rate policy.
  e. interventionist exchange-rate policy.



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yahahah24021

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Answer to Question 1

True

Answer to Question 2

b





 

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