When the U.S. dollar depreciates against the yen, the yen ________ and the exchange rate ________

Monopolistic competition and monopoly have all of the following in common EXCEPT

A) P > MC. B) firms are price setters. C) barriers to entry. D) MR = MC.

Under a floating exchange-rate regime with a low degree of capital mobility, an expansionary fiscal policy will most likely create pressure on

A. the central bank to expand the money supply. B. the government to impose capital controls. C. foreign central banks to expand their money supplies. D. the domestic currency to depreciate.