Author Question: Which of the following is not appropriate, if we live in a world of fixed exchange rates? A) ... (Read 74 times)

MGLQZ · **on:** Jun 30, 2018

Which of the following is not appropriate, if we live in a world of fixed exchange rates?

A) monetary approach to the exchange rate
B) elasticities approach
C) monetary approach to the BOP
D) absorption approach

Question 2

Internal economies of scale arise when the cost per unit

A) falls as the average firm grows larger.
B) rises as the industry grows larger.
C) falls as the industry grows larger.
D) rises as the average firm grows larger.
E) remains constant over a broad range of output.