Suppose there is a market in which the firms hold the following market shares: 25%, 20%, 18%, 15%, 8%, 7%, 4%, 2%, 1%. What is the concentration ratio for this market?
78%
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Which of the following is a service of depository institutions?
A) decreasing the liquidity drain of funds in the banking system B) monitoring the Federal Reserve C) pooling risk D) loaning funds to other depository institutions at the discount rate
Since 2001, the U.S. government budget deficit
A) has been approximately equal to 10% of U.S. GDP. B) as a percentage of U.S. GDP has increased steadily each year. C) as a percentage of U.S. GDP has decreased steadily each year. D) none of the above.
The x-coordinate of an ordered pair specifies the
a. diagonal location of the point. b. vertical location of the point. c. horizontal location of the point. d. quadrant location in which the point is located.
Sources of reduced volatility of demand shocks include all of the following EXCEPT
A) smaller ups and downs of military spending. B) residential construction. C) inventory changes. D) saving rates.