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

Economics

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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

Economics

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.

Economics

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.

Economics

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

Economics