Under perfect capital mobility and flexible exchange rates, monetary policy works through the

________ increases with education, training, and job experience

i. Physical capital ii. Human capital iii. Financial capital A) i only B) ii only C) iii only D) both ii and iii E) i, ii, and iii

Which of the following can be a barrier to entry?

i. ownership of a necessary input ii. requiring a government license iii. large diseconomies of scale A) i only B) ii only C) i and iii D) i and ii E) i, ii, and iii