List five types of barriers to entry
What will be an ideal response?
(1.) Government rules.
(2.) Patents.
(3.) Economies of scale and other cost advantages.
(4.) Ownership of a scarce factor of production.
(5.) Network effects.
Economics
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Uncovered interest parity refers to:
a. borrowing in the low-interest currency and lending in the high-interest currency without covering against a change in the exchange rates. b. foolish actions that usually are not successful. c. activities that are designed to raise or lower interest rates but are risky. d. the practice of depositing all of one's funds in one currency without regarding the pros and cons of such a transaction.
Economics
Explain why the U.S. money supply grew so rapidly in the 1970s
Economics