A family-owned business is likely to have a higher degree of control over management decisions than a corporation

When the domestic currency is initially undervalued in a fixed exchange rate regime, the central bank must intervene in the foreign exchange market to ________ the domestic currency, thereby allowing the money supply to ________

A) purchase; decline B) sell; decline C) purchase; increase D) sell; increase

Which of the following could not bar entry into an industry?

a. economies of scale b. diseconomies of scale c. patents d. licenses e. one firm's control of essential resources