An industry with a Herfindahl-Hirschman index of 100 would have at least ______ firm(s).
Fill in the blank(s) with the appropriate word(s).
100
You might also like to view...
Suppose that inventories were $80 billion in 2012 and $70 billion in 2013. In 2013, national income accountants would ________.
A. subtract $75 billion (= $150/2) from other elements of investment in calculating total investment B. add $10 billion to other elements of investment in calculating total investment C. add $75 billion (= $150/2) to other elements of investment in calculating total investment D. subtract $10 billion from other elements of investment in calculating total investment
The aggregate demand curve shows that, if other factors are held constant, a
A) higher price level results in a decrease in the quantity of real GDP demanded. B) higher price level results in an increase in the quantity of real GDP demanded. C) higher price level results in a lower interest rate. D) lower price level results in a higher interest rate.
The greatest benefit to an economy from international trade is:
A. greater employment in the export sector of the economy. B. the economic power it gives a nation over other countries. C. full employment of its labor force. D. consumption beyond domestic production possibilities.
With ________, the quality of what is being offered in a transaction matters and is not easily demonstrated.
A. asymmetric information B. risk aversion C. adverse selection D. moral hazard