Which of the following is an administered interest rate set by commercial banks?

A) The discount rate
B) The federal funds rate
C) The prime rate
D) The commercial paper rate

C

Economics

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The larger the four-firm concentration ratio, the ________ competition within an industry; the larger the Herfindahl-Hirschman Index, the ________ competition within an industry

A) more; more B) more; less C) less; more D) less; less E) The premise of the question is wrong because the four-firm concentration ratio applies only to markets with four firms in it and these markets are, by definition, not competitive.

Economics

Microeconomics focuses on ____; macroeconomics concentrates on ____

a. the basic tools of analysis; the use of abstractions and models b. the economies of various countries; the decisions of individual companies c. the decisions of individual units; the behavior of entire economies d. the economic aggregates; the decisions of individual units

Economics