An industry is made up of 8 firms with the following percent market shares: 29, 20, 11, 10, 9, 8, 7, 6. What is the Herfindahl-Hirschman index in this industry?
A) 70
B) 100
C) 1462
D) 1692
D
Economics
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In the above table, the efficient level of output can be achieved through a per unit subsidy of
A) zero. B) $20. C) $60. D) $120.
Economics
U.S. multinational corporations are allowed tax _________ for taxes paid to foreign governments.
A. deductions B. exemptions C. loans D. credits
Economics
An argument in favor of multilateral trade liberalization (multilateralism) over preferential trade agreements (regionalism) is that multilateralism results in less trade diversion
Indicate whether the statement is true or false
Economics
The largest portion of any nation's current account is typically
A) imports and exports. B) gold sales. C) the sale of U.S. assets. D) SDRs.
Economics