This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: With fixed exchange rates, perfect asset substitutability, and perfect capital mobility A) the LM ... (Read 182 times)

Zoey63294

  • Hero Member
  • *****
  • Posts: 539
on: Jun 30, 2018
With fixed exchange rates, perfect asset substitutability, and perfect capital mobility
 
  A) the LM curve is horizontal.
  B) the LM curve is vertical.
  C) the BP curve is horizontal.
  D) the BP curve is vertical.

Question 2

Under the model of monopolistic competition, a(an) ________ in the number of firms in the industry will cause ________ to ________.
 
  A) increase; average price; decrease
  B) increase; average price; increase
  C) increase; average cost; decrease
  D) decrease; markup; decrease
  E) increase; marginal cost; decrease


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cassie_ragen

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


Zoey63294

  • Hero Member
  • *****
  • Posts: 539
Reply #2 on: Jun 30, 2018
Correct answers!


cassie_ragen

  • Sr. Member
  • ****
  • Posts: 347
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Welcome sign for Kenton, Tennessee, an example of competition for "White Squirrel Capital" Welcome sign for Kenton, Tennessee, an example of competition for "White Squirrel Capital"
Bacteria exchange DNA by several processes Bacteria exchange DNA by several processes
Male Turkmen in the wealthier half of the population had higher fertility rates than those in the po Male Turkmen in the wealthier half of the population had higher fertility rates than those in the po
U.S. Cancer Death Rates U.S. Cancer Death Rates
Soils support plant growth through ion exchange Soils support plant growth through ion exchange
Directions and Rates of Plate Motions Directions and Rates of Plate Motions
Video: Mechanism of enzyme action

For a complete list of videos, visit our video library