In 2009, the U.S. budget deficit reached what astronomical number?
a. 1.2 billion
b. 1.4 trillion
c. 1.6 billion
d. 1.8 trillion
b
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Which of the following statements about the percent of the population aged 25 years and above completing high school in 2000 is most accurate?
a. African Americans graduate at a rate about 10 percentage points less than whites, and Hispanics graduate at a rate about 30 percentage points less than whites. b. African Americans and Hispanics graduate at the same rate that whites do. c. Hispanics graduate at the same rate as whites, but African Americans graduate at much lower rates. d. Hispanic and black males graduate at the same rate as white males, but Hispanic and black females graduate at much lower rates than white females.
Certain actions by oligopolistic firms can lead to collusion even when they formally do not agree to cooperate
a. True b. False Indicate whether the statement is true or false
What does the Herfindahl-Hirschman Index measure? How is it calculated?
According to the text, U.S. manufacturing data show that
a. the economy is rapidly becoming more concentrated into the hands of the few b. the economy today is less concentrated than it was in 1865, just after the Civil War c. concentration in the economy has remained fairly stable over the past 40 years d. the U.S. economy is much more concentrated than most other industrialized nations of the world e. concentration has fallen rapidly over the past 40 years