This topic contains a solution. Click here to go to the answer

Author Question: Monopolistic competition, like perfect competition, is a market structure in which firms can easily ... (Read 163 times)

james9437

  • Hero Member
  • *****
  • Posts: 568
Monopolistic competition, like perfect competition, is a market structure in which firms can easily enter and leave the industry.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Assume that a country's government influences the exchange rate through active central bank intervention, with no pre-announced path for the exchange rate. This policy is known as a(n):
 a. floating exchange-rate policy.
  b. managed floating exchange-rate policy.
  c. fixed exchange-rate policy.
  d. crawling-peg exchange-rate policy.
  e. interventionist exchange-rate policy.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yahahah24021

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

True

Answer to Question 2

b





 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

For a complete list of videos, visit our video library