________ in the foreign interest rate causes the demand for domestic assets to ________ and the domestic currency to depreciate, everything else held constant

A perfectly competitive market is characterized by:

a. many buyers and sellers, a standardized product, and free entry and exit. b. many buyers and sellers, a differentiated product, and free entry and exit. c. many buyers and sellers, a standardized product, and barriers to entry and exit. d. many buyers and few sellers, a standardized product, and barriers to entry and exit.

Critics of advertising sometimes argue that the overall effect of advertising is to make people believe that possessing lots of material goods is the only route to happiness. These critics also believe that this is a misleading view of happiness. Hence, these critics:

A. worry that consumers' choices have positive externalities. B. worry that the resulting increase in consumption increases total utility. C. reject the idea that all is well if the economy produces what people demand. D. believe that distributional issues are the main problem with any economy.