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Author Question: Monopolistic competition, like perfect competition, is a market structure in which firms can easily ... (Read 161 times)

james9437

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

True

Answer to Question 2

b


james9437

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Reply #2 on: Jun 30, 2018
Thank you


yahahah24021

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Reply #3 on: Jun 30, 2018
No problemo


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