The best answer for this statement would be:
are not subject to the timing problems of discretionary fiscal policy
<span>There is a fact that automatic stabilizers increase the chance of depleting the budget deficits, even in times of recessions. While discretionary fiscal policy is more of identifying the lags to enact the change in fiscal policy.</span>
Answer:
The correct answer is c. both a monopoly and a competitive firm.
Explanation:
Monopolistic competition is an imperfect type of competition in which there is a high number of sellers in the market that have a certain power to influence the price of their product.
The products offered are characterized by having some differentiation and it is precisely this differentiation that makes these companies enjoy a certain market power, have a certain voice when it comes to setting their prices and are not merely "price-acceptors", as in the case of perfect competition. Therefore, the graphic representation of monopolistic competition will be that of the right, imperfect competition.
I think the Dollar will appreciate against the Euro.
Higher interest rate will create stronger currency because investor now became really interested to invest in that country.
As for the amount it will be 4 % x the difference in strength now.
