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Author Question: By differentiating their products and promoting brand name loyalty, monopolistically competitive ... (Read 59 times)

ss2343

  • Hero Member
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  • Posts: 548
on: Jun 30, 2018
By differentiating their products and promoting brand name loyalty, monopolistically competitive firms can raise prices without losing all their customers.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

When the exchange rate fluctuates around a fixed central target, allowing for a moderate amount of fluctuation, while tying the currency to the target central rate, the exchange rate is under a(n):
 a. horizontal band.
  b. crawling peg.
  c. managed float.
  d. independent float.
  e. currency board.


poopface

  • Sr. Member
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  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

a


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