Which of the following is the most important of the over-the-counter markets?

A short-run depreciation of the British pound would be consistent with:

a. a temporary fall in the British money supply. b. a temporary fall in the European money supply. c. a temporary rise in the European money supply. d. either a temporary fall in the British money supply

When the cross price elasticity between good X and other related goods is positive and very low, firm X can be assumed to have:

A) minimal market power. B) moderate market power. C) a significant amount of market power. D) virtually no market power.