The Herfindahl-Hirschman index is a measure of
A) the profit margin of an industry.
B) market size.
C) the degree of collusion among firms in a market.
D) the degree of concentration among firms in a market.
Answer: D
Economics
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Which of the following was the nation's first true central bank?
(A) Federal Deposit Insurance Corporation (B) Bank of the United States (C) Federally chartered bank of the Civil War (D) Federal Reserve System
Economics
Assume policy makers in a fixed exchange rate regime decide to peg the exchange rate at a lower level. This is called
A) a devaluation. B) a revaluation. C) a depreciation. D) an appreciation.
Economics