The percentage of all sales contributed by the leading four or leading eight firms in an industry is known as
A) a horizontal merger.
B) a vertical merger.
C) economies to scale.
D) the concentration ratio.
D
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An increase in the equilibrium price and the equilibrium quantity would be caused by an increase in demand
a. True b. False Indicate whether the statement is true or false
The public debt in the United States is the total value of government securities held by
a. foreign governments b. private individuals c. businesses d. everyone holding any part of the debt e. itself
Generally, in the United States today, goods inflation:
A. under 5 percent is considered acceptable. B. that is negative is preferable. C. under 2.5 percent is considered acceptable. D. at zero is considered acceptable.
Goods that are produced in other countries and then sold domestically are called
A) exports. B) imports. C) tariffs. D) quotas.