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 204 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?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

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
Structural Mobility Structural Mobility
Protein topology and folding rates Protein topology and folding rates
Effect of increasing temperature or lowering deltGo+ on the rates of reactions Effect of increasing temperature or lowering deltGo+ on the rates of reactions
The respiratory system and the process of gas exchange The respiratory system and the process of gas exchange
The consequences of a single exchange between two nonsister chromatids The consequences of a single exchange between two nonsister chromatids
Video: DNA Replication

For a complete list of videos, visit our video library