If the four-firm concentration ratio in an industry increases, the industry
a. must have become more competitive.
b. must have become a monopoly.
c. must have become less competitive, although not necessarily a monopoly.
d. may or may not have become less competitive.
d
Economics
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If the budget deficit is $50 billion and the structural deficit is $10 billion, the cyclical deficit is
A) $10 billion. B) $60 billion. C) $50 billion. D) $40 billion. E) More information is need to answer the question.
Economics
How have government policies and programs affected the volatility of the business cycle in the United States since 1950? Explain and provide at least two specific examples of policies or programs that may have had an impact
What will be an ideal response?
Economics