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 237 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?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

There are multiple pathways for heat exchange between organisms and the environment. There are multiple pathways for heat exchange between organisms and the environment.
Stellar Birth Rates Stellar Birth Rates
The main avenue to the upward social mobility reviewed in the text has been higher education. The main avenue to the upward social mobility reviewed in the text has been higher education.
Change in air temperature at various air flow rates for a 4 pass operation Change in air temperature at various air flow rates for a 4 pass operation
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Prevalence rates of obesity in the United States, 2014 Prevalence rates of obesity in the United States, 2014
Video: Double Vacuum Process (Illustration No Audio)

For a complete list of videos, visit our video library