What would the Herfindahl-Hirschman Index equal for an industry consisting of six firms with market shares of 40%, 30%, 20%, 5%, 3%, and 2%?

According to your textbook, the benefits of civilization are heavily dependent on

A) accurate numerical estimates by government officials of available resources and of basic consumption requirements. B) agreement among the members of society on the best means for achieving their goals. C) agreement among the members of society on the goals to be pursued. D) government planning for long-run economic growth. E) the ability to induce other people to cooperate.

If the marginal propensity to consume is 0.60, the marginal propensity to save will be: a. greater than 0.60. b. equal to 0.40

c. equal to 0.60. d. equal to 0.