The U.S. beer industry has an HHI of 3,525. If two beer producers propose a merger that would increase the industry HHI by 25 points, then the merger would be challenged based on the change in the HHI.
Answer the following statement true (T) or false (F)
False
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Consolidation activity in the hospital industry
a. has slowed due to government regulations. b. has created a large number of nationwide for-profit hospital chains. c. has occurred almost exclusively at the local level. d. occurs for same reasons that cause consolidation in other industries.
In the classical model, if the amount households wish to save exceeds the sum of the amount businesses wish to invest plus the government's budget deficit, the loanable funds market
a. will be in disequilibrium, but this does not prevent equilibrium in the total economy b. will be in disequilibrium, and we would expect the supply of funds to decrease c. will be in disequilibrium, and we would expect the interest rate to rise d. will be in disequilibrium, and we would expect the interest rate to fall e. may be in equilibrium, because unplanned inventory changes have not been included
Compared to Western Europe, over the last three decades unemployment in United States has been ________ and the rate of job creation has been ________.
A. higher; slower B. higher; faster C. lower; faster D. lower; slower
Some states have laws that require that used car dealers give buyers a 30-day period during which they can return cars that are discovered to be lemons (low-quality). Who do laws like this help? Who do they hurt?
What will be an ideal response?