1. An increased supply of U.S. dollars on the foreign exchange market, all else equal, will result in an appreciation of the U.S. dollar.
True
False
2. Although McDonalds operates in a market structure with many competitors and substitute foods, it often engages in ________ with its major fast food competitors.
a. monopoly behavior.
b. oligopoly behavior.
c. competitive behavior.
d. none of the above.