The Herfindahl index is the sum of the squared market shares of the four largest firms in an industry
a. True
b. False
B
Economics
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Which of the following represents the relationship between disposable income (DI), consumption (C), and saving (S)?
A) DI = C * S B) DI + C = S C) DI = C - S D) DI = C + S
Economics
Assume the deposit expansion multiplier is 3.0. If the Treasury borrows $5 billion from the Non-bank public and spends it on the public, bank reserves will
A) rise by $5 billion. B) fall by $5 billion. C) rise by $15 billion. D) not change.
Economics
If you lost 10 percent on $200 worth of stock in a 3x margin account, then you would lose:
A. $40. B. $30. C. $60. D. $20.
Economics
What is the Phillips Curve? What concept does it illustrate?
What will be an ideal response?
Economics