A credit market instrument that requires the borrower to make the same payment every period until the maturity date is known as a

To maintain a fixed exchange rate via intervention in the markets, a government should:

a. be ready to crack down on illegal traders. b. be ready to buy the home currency with foreign currency reserves when the home currency's value declines. c. be ready to sell the home currency when the home currency's value declines. d. be ready to borrow funds from international banks when the home currency's value declines.

Firms in which type of market make zero economic profit in the long run?

A) perfect competition and monopolistic competition B) monopoly C) perfect competition D) monopolistic competition