The four-firm concentration ratio equals the percentage of the value of ________ accounted for by the four ________ firms in the industry
A) sales; smallest
B) profits; smallest
C) sales; largest
D) profits; largest
C
Economics
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Based on the transactions in the above table, what is the change in the U.S. balance of merchandise trade?
A) $11,000 B) $29,700 C) -$30,000 D) -$31,000
Economics
Which of the following would not be included in the calculation of GDP?
A. Income earned by a CPA. B. Tips earned by a bartender who does not report them to the IRS. C. Contract work performed by an electrician. D. Income earned by an attorney.
Economics