The industry concentration ratio measures the
A) value of the assets owned by the largest corporations in the market.
B) percentage of industry sales accounted for by the top four or eight firms.
C) difference between price and marginal cost for the largest firms in the industry.
D) degree of product differentiation in the market.
Answer: B
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The government, concerned about the wealth redistribution problem caused by the inequality in debt holding among the rich and poor,
a. created low denomination (low priced) savings bonds b. made special efforts to sell bonds to private citizens c. made special efforts to sell bonds to the Federal Reserve d. prohibited the sale of bonds to foreigners e. created a proportional income tax on income derived from bonds
The real rate of interest is
a. interest paid by commercial banks. b. interest paid by the Fed. c. equal to the money rate of interest plus the inflationary premium. d. the money rate of interest adjusted for inflation.