In 2009,we Ran a ________ on Our Current Account and a _______

question 180

Multiple Choice

In 2009,we ran a ________ on our current account and a _______ on our capital account.

• A)deficit;deficit
• B)surplus;surplus
• C)deficit;surplus
• D)surplus;deficit

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Definitions:

HHI

A measure of market concentration used to determine the competitiveness of a market. Also known as the Herfindahl-Hirschman Index.

HHI

The Herfindahl-Hirschman Index, a measure of market concentration to assess the level of competition within an industry.

Herfindahl-Hirschman Index

A measure used to quantify the level of competition within an industry, calculated by squaring the market share of each firm and summing the total.

Market Share

The percentage of an industry's sales that a particular company controls.