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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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

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