Historical note: Andrew Carnegie became an industrial mogul by consuming or buying out his competition in the _________ industry

When traders perceive a permanent money supply adjustment, short-term nominal interest rates ___affected, the expected exchange rate ___ affected, and the spot exchange rate ___ affected.

a. are· is· is b. are; is; is not c. are not; is not; is not d. are; is not; is

Which of the following is not a common characteristic of oligopolistic firms?

a. high barriers to entry b. mutual interdependence c. a large number of sellers d. nonprice competition