Firms that produce ________ products must be ________ competitive

A) differentiated; imperfectly
B) differentiated; perfectly
C) standardized; imperfectly
D) standardized; perfectly
E) exported; imperfectly

A

Economics

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What are the predictions of the PPP theory with regards to the real exchange rates?

What will be an ideal response?

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According to Keynes, the money demand function

a. did not change as the return on other assets changed. b. changes with output. c. shifts with changes in the public confidence in the economy. d. both b and c. e. all of the above.

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