When the exchange rate depreciates in the short run and then appreciates to its original level in the long run, it implies that the domestic money supply has:

How did maintaining the gold standard deepen the severity of the Great Depression?

What will be an ideal response?

Some people refuse to buy Japanese cars because they believe it is anti-American. Others refuse to buy American cars because they believe that Japanese cars are superior. In this highly competitive market, the Mitsubishi Eclipse and Eagle Talon, which have identical engines, transmissions, bodies and paint, are a good example of

a. goods belonging to two separate markets b. complementary goods c. perfect competition d. product differentiation e. barriers to entry