The Herfindahl-Hirschman Index is used to ________
A) measure the price elasticity of demand faced by a firm
B) estimate the degree of competition in an industry
C) measure the price elasticity of market supply in an industry
D) estimate the profit earned by firms in an industry
B
Economics
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The difference between merchandise exports and imports is called the ________ balance
A) current account B) capital account C) official reserve transactions D) trade
Economics
Which of the following is an automatic stabilizer that moves the federal budget toward deficit during an economic contraction and toward surplus during an economic expansion?
a. Personal income tax revenues. b. Corporate income tax revenues. c. Unemployment benefits. d. All of these.
Economics