A high Herfindahl-Hirshman Index indicates that an industry ______.

a. has a large number of firms
b. is an oligopoly
c. has perfect competition
d. is competitive

b. is an oligopoly

Economics

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Financing accounts receivable and inventory is known as

A) capital financing. B) working capital financing. C) long-term financing. D) equity financing.

Economics

Use the following Phillips curve equation to answer this question: ?t - ?t-1 = (m + z) - ?ut. Which of the following will cause an increase in the natural rate of unemployment?

A) a reduction in m B) an increase in z C) an increase in ? D) a reduction in expected inflation E) none of the above

Economics