The Herfindahl-Hirschman Index measures:

A. the degree of concentration in a market.
B. the percentage of market share held by the four largest firms in a market.
C. the percentage of market share held by the largest firm in a market.
D. the market share held by the largest firm in a market divided by the market share held by all other firms in the market.


Answer: A

Economics

You might also like to view...

If the expected return on bonds increases, all else equal, the demand for bonds increases, the price of bonds ________, and the interest rate ________

A) increases; decreases B) increases; increases C) decreases; decreases D) decreases; increases

Economics

In the simple Keynesian model, there are three simplifying assumptions. One of these assumptions is:

A) no consumption B) no investment C) no exports or imports D) a and b E) a, b, and c

Economics

Decreasing government spending ______ the price level and ______ equilibrium real GDP.

a. decreases; increases b. increases; decreases c. increases; increases d. decreases; decreases

Economics

Game theory was first developed by John Nash.

Answer the following statement true (T) or false (F)

Economics