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 256 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?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Estimating cicada population size and predation rates by birds. Estimating cicada population size and predation rates by birds.
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"
The “Infertility Belt” In certain countries in Central Africa, infertility rates are as high as 30% The “Infertility Belt” In certain countries in Central Africa, infertility rates are as high as 30%
Child Labor Rates and GDP Worldwide Child Labor Rates and GDP Worldwide
U.S. Cancer Death Rates U.S. Cancer Death Rates
Lastlings - Perfect World (Official Music Video) Lastlings - Perfect World (Official Music Video)
Video: Neuron Structure Animation

For a complete list of videos, visit our video library