Referring to Figure 19.2, the effect of an increase in Japanese prices is represented by a movement from point
A) d to c. B) c to d. C) a to d. D) a to b.
B
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Refer to the diagrams, in which AD 1 and AS 1 are the "before" curves and AD 2 and AS 2 are the "after" curves. Other things equal, a decline in investment spending caused by the interest-rate effect of a price-level increase is depicted by the:
A. shift of the AD curve in panel (A).
B. shift of the AS curve in panel (B).
C. move from point a to point b in panel (B).
D. move from point a to point c in panel (C).
Which statement is true?
A. Industry X has a higher Herfindahl-Hirschman Index than Industry Y.
B. Industry Y has a higher Herfindahl-Hirschman Index than Industry Z.
C. Industry Z has a higher Herfindahl-Hirschman Index than Industry X.
D. Industries X, Y, and Z have the same Herfindahl-Hirschman Index.