Other things equal, an increase in government purchases combined with an equal increase in taxes would:
a. increase AD

If the Federal Reserve raises the discount rate, banks will be inclined to borrow additional reserves and the money supply will increase

Indicate whether the statement is true or false

The measurement of industry concentration which calculates the percentage of all sales contributed by a specific number of leading firms is called the

A) Herfindahl-Hirschman Index. B) concentration ratio. C) producer price index. D) P/E ratio.