Whenever any firms in a concentrated industry merge, the four firm concentration ratio ___ and the Herfindahl-Hirschman Index ____:
a. Will rise; will rise

b. Will rise; may rise or stay the same.
c. May rise or stay the same; will rise.
d. May rise or stay the same; May rise or stay the same.

c

Economics

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Higher personal income taxes

A) increase aggregate demand. B) increase disposable income. C) decrease aggregate demand. D) both B and C

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In the late 1990s, the stock market bubble ________ the value of Tobin's q, and caused ________ in business equipment

A) increased; underinvestment B) increased; overinvestment C) decreased; underinvestment D) decreased; overinvestment

Economics