Suppose the balance on the current account is +$100 billion and the balance on the capital account is -$1 billion. The balance on the financial account is:

Suppose the industry for washing machines has only four firms. The market shares are: Firm A, 40 percent; Firm B, 20 percent; Firm C 20, percent; and Firm D, 20 percent

a) What is the Herfindahl-Hirschman Index (HHI)? b) If Firms C and D were to announce a merger, would the Department of Justice oppose the merger?

As of 2013, how large is the debt of developing countries to the rest of the world?

A) $350 million B) $350 billion C) $7 trillion D) $35 trillion E) $3.5 trillion