Under Federal Trade Commission merger guidelines, an industry with a Herfindahl-Hirschman index (HHI) of 800 points is considered
A) competitive.
B) moderately concentrated.
C) concentrated.
D) a monopoly.
A
Economics
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Use the figure below to answer the following question.
At equilibrium, economic surplus is
A. 200. B. 350. C. 150. D. 700.
Economics
Assuming all else equal, the ________, the lower the nominal interest rate
A) lower the inflation rate B) higher the inflation rate C) lower the income tax rates D) higher the income tax rates
Economics
Financial institutions that cut back on their lending are engaged in ________
A) liability management B) deleveraging C) financial innovation D) torsion control
Economics
Using the above figure, which of the lines in the above diagram represents a progressive tax?
A) A B) B C) C D) none of them
Economics