As concentration in an industry increases, the value of the Herfindahl index falls
a. True
b. False
B
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In the United States from 1981 to 2013, deaths from diabetes increased largely due to the effects of
A) a larger immigrant population. B) increasing obesity. C) stress in the workplace. D) foreign-produced insulin.
In the above figure, the difference between the competitive industry price and that of the monopolist is
A) 0B. B) 0A. C) AB. D) CE.
A comparison of a traditional price support program and the Brannan plan shows that
a. consumers would clearly prefer the traditional program. b. farmers would clearly prefer the Brannan plan. c. losses due to inefficiency are completely avoided under the Brannan plan. d. the more elastic the supply and demand curves, the lower the relative cost of the Brannan plan will be. e. All of the above.
The speculative demand for money:
a. involves holding money for unexpected problems. b. varies inversely with income. c. varies inversely with the interest rate. d. varies directly with the transactions demand for money. e. is only concerned with active money.