Which of the following is a stock variable?
a. The interest rate
b. Real GDP
c. Investment in physical capital
d. Physical capital
e. Investment in human capital
D
Economics
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Suppose that Firm ABC currently has a market share of 8 percent. Firm XYZ has a market share of 12 percent. What will happen to the Herfindahl-Hirschman index if the two firms merge? Show your work
What will be an ideal response?
Economics
Why did the Bretton Woods system ultimately break down?
A. The refusal of OPEC countries to accept payment for oil in gold. B. The refusal of surplus countries to devalue as required by law. C. An inability to devalue the U.S. dollar despite chronic payments deficits. D. An inability to adequately measure balance of payments surpluses and deficits.
Economics