The Herfindahl-Hirschman (HH) Index is used to
A) measure the degree of nonprice competition.
B) measure the degree of market concentration in an industry.
C) measure the extent of price leadership.
D) None of the above
B
Economics
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Every necessity is a normal good, but not all normal goods are necessities.
Answer the following statement true (T) or false (F)
Economics
Which of the following is not true about M1?
A. Savings accounts makes up approximately one-third of it. B. It includes the most liquid forms of money. C. It is the narrowest definition of the money supply. D. Currency in circulation makes up approximately half of it.
Economics