In the ________, one firm sets its output first, and then a second firm, after observing the first firm's output, makes its output decision
A) Cournot model
B) model of monopolistic competition
C) Bertrand model
D) kinked-demand model
E) none of the above
E
Economics
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Adopting a fixed exchange rate promotes trade if the regime is:
A) semi-floating. B) indirectly pegged. C) directly floating. D) directly pegged.
Economics
Serena transfers $8,000 from her home safe to her savings account. This transaction will
A. decrease M1 and not change M2. B. increase both M1 and M2. C. not change M1 and decrease M2. D. decrease both M1 and M2.
Economics