The government considers a market to be unconcentrated if its HHI number is less than ____, and highly concentrated if that number exceeds ____
a. 1,000 . 1,800
b. 100; 9,000
c. 50; 500
d. 500; 1,300
a
Economics
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The Argentine banking crisis of 2001 resulted from Argentina's banks being required to
A) purchase large amounts of government debt. B) pay back the value of failed loans. C) make risky real estate loans. D) make loans to only state-owned businesses.
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A monopolist always selects a price on the elastic portion of its demand curve
a. True b. False Indicate whether the statement is true or false
Economics