When a currency depreciates, its value has
A) been fixed against the value of another country.
B) fallen against another currency.
C) remained constant against that of another currency.
D) risen against another currency.
E) fluctuated around a particular value.
B
Economics
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An industry is made up of 8 firms with the following percent market shares: 29, 20, 11, 10, 9, 8, 7, 6. What is the Herfindahl-Hirschman index in this industry?
A) 70 B) 100 C) 1462 D) 1692
Economics
There is a federal budget deficit when
A) the government spends more that it collects in taxes. B) the government spends less that it collects in taxes. C) the government spends the same amount it collects in taxes. D) taxes are too high.
Economics