The Herfindahl-Hirschman Index (HHI) is used to
A. calculate whether or not a bank has met its reserve requirements.
B. determine if a merger reduces competition in a banking market.
C. measure the capital adequacy of a bank.
D. find which bank has the lowest spread.
Answer: B
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Financial leverage is also known as trading on the equity
Indicate whether the statement is true or false
The fifth step in the six-step problem-solving technique is
a. consider the facts. b. ask "Did the solution work?" c. determine the best solution. d. none of these choices.
To create an enforceable security interest between Mortgage Bank and Nations Property Company with a written security agreement, the agreement must be signed by
A. the debtor. B. the creditor. C. all of the choices. D. a disinterested third-party witness.
Seattle Paint Company developed a new exterior house paint that can be properly applied even
in the rain. How can this formula be protected without filing for a patent? A) If the company takes all reasonable steps to avoid discovery of the secret, it can be protected against some, but not all methods of discovery of the secret. B) By registering a trademark for the product specifying that the product is distinctive C) By putting a notice on the cans of paint that the formula is a protected trade secret D) Without a patent, no protection is available.