A decrease in the discount rate will
A) have an unclear effect on the money supply. B) decrease the money supply.
C) increase the money supply. D) not affect the money supply.
C
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Comparative risk analysis is
a. a risk assessment strategy c. a risk characterization approach b. a risk management strategy d. none of the above
In the long-run, a monopolist charges the same price as a perfectly competitive firm.
Answer the following statement true (T) or false (F)
A speculative attack:
A. can occur with any currency. B. can occur to currencies with fixed exchange rates. C. can occur to currencies with floating exchange rates. D. are illegal and no longer occur.
All of the following are characteristics of a perfectly competitive market EXCEPT
A. buyers and seller have equal access to information. B. high barriers to entry and exit. C. large number of buyers and sellers. D. homogeneous products.