Real economy took a sharp turn for the worse immediately after the bankruptcy filing by Lehman Brothers on September 15, 2008.

Differentiate between a managed exchange rate and a fixed exchange rate

What will be an ideal response?

Collusive control over price may permit monopolists to:

A. Use new technology, achieve economies of scale, and get government subsidies B. Achieve economies of scale, reduce costs, and prevent price cheating C. Increase product demand, increase product supply, and lower cost D. Reduce uncertainty, increase profits, and possibly limit entry of new firms