If an industry were perfectly competitive, the four-firm concentration ratio would be close to ________ and the Herfindahl-Hirschman index would be close to ________
A) 0; 0
B) 0; 100
C) 100; 0.
D) 100; 100.
A
Economics
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The purchase of less than 10 percent of the shares of ownership in a company in another country is known as
A) portfolio investment. B) an ineffective method for encouraging economic growth. C) foreign direct investment. D) a hostile takeover.
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The current value of real GDP is
A. less than $10 trillion B. between $10 trillion and $14 trillion C. between $14 trillion and $18 trillion D. more than $18 trillion
Economics