If the value of the Herfindahl index is 10,000 . there must be exactly one firm in the industry
a. True
b. False
A
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If a company pays a dividend of $2 to be received one year from now, dividends are expected to grow at a rate of 3 percent per year for the indefinite future, and the interest rate is 4 percent, the price of the company's stock should be ________ per
share. A) $3.40 B) $28.57 C) $200.00 D) $340.00
In 2015, full-time workers aged 25 and over with a college degree earned ________ school dropouts
A) 20 times as much as B) 2.5 times as much as high C) 5 times as much as D) roughly the same amount as
Answer the following statements true (T) or false (F)
1) The Sherman Act was passed in 1914. 2) The Clayton Act was the second major piece of antitrust legislation. 3) The Federal Trade Commission Act and the Sherman Act were passed in the same year. 4) The Antitrust Division of the Department of Justice enforces antitrust laws through both civil and criminal suits. 5) Actions that violate the Sherman Act can result in penalties that total substantially more than $100 million.
In what category is the purchase of a computer by a person for household use in national income accounting?
A. The purchase is not included at all, but the value of services the computer gives is included in consumption each year. B. It is counted as consumption. C. It is counted as consumption if the computer was manufactured in the United States; otherwise it is ignored. D. It is included as part of investment.