A perfectly competitive producer's demand curve is:
a. a horizontal line.
b. also the market-demand curve.
c. downward sloping but more elastic than the market-demand curve.
d. a vertical line.
e. upward sloping.
a
Economics
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The record of international receipts and payments is called the
A) official settlements account. B) balance of payments. C) U.S. official reserves. D) current account. E) capital and financial account.
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Under a fixed exchange rate regime, expansionary fiscal policy will tend to cause which of the following?
A) an increase in imports B) an increase in net exports C) a reduction in investment D) all of the above
Economics