The benefits and costs of a choice is shown by using a
a. statistical table.
b. decision-making grid.
c. circle graph.
d. line graph
Ans: b. decision-making grid.
Economics
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If there were five firms in an industry each with a 20% market share, what would the Herfindahl-Hirschman Index equal?
a. 80% b. 800 c. 1,600 d. 2,000
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From 1970 to 1997, the federal government ran a _____ and the state and local governments combined ran a ____.
A. deficit; deficit B. surplus; surplus C. surplus; deficit D. deficit; surplus
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