The fact that the behavior of one firm depends on the behavior of other firms is what differentiates oligopoly markets from the other three market structure types (perfect competition, monopoly, and monopolistic competition).
Answer the following statement true (T) or false (F)
True
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Using the information contained in Figure 4-7 above, the initial equilibrium Y is 3500. If there is 500 of new fiscal stimulus and a constant money supply, Y will increase to ________ and the interest rate will ________
A) 4000; remain constant B) 4000; rise to 10% C) 4500; rise to 12.5% D) 5500; remain constant
Suppose that the exchange rate between the U.S. dollar and the Mexican peso is 1 peso = $0.11. If the U.S. dollar price per Mexican peso changes to 1 peso =$0.10, the peso is said to have __________ and the dollar to have __________
A) depreciated; appreciated B) appreciated; appreciated C) appreciated; depreciated D) depreciated; depreciated
To produce financial stability, the Federal Reserve would want to
A. sell bonds during a recession and buy bonds during an economic boom. B. raise the money supply and cut interest rates during a recession to stimulate spending. C. increase the money supply during an economic boom and reduce the money supply during a recession. D. raise the interest rate during a recession to prevent excessive borrowing and increase income for struggling banks.
Refer to the information provided in Figure 9.3 below to answer the question(s) that follow. 
Figure 9.3Refer to Figure 9.3. This firm's ________ is the firm's marginal cost curve above point B.
A. demand curve B. average fixed cost curve C. short-run supply curve D. marginal revenue curve