The monopolistically competitive firm will charge a price which is more than that charged by a perfectly competitive firm

Refer to the figure above. What is the domestic price of pens in Lithasia?

A) $1 B) $2 C) $3 D) $6

An expansionary monetary policy increases net exports by ________ interest rates and ________ the value of the dollar

A) lowering nominal; decreasing B) lowering real; decreasing C) raising nominal; increasing D) raising real; increasing