Based on the table below, the four-firm concentration ratio ...

[charchew]

Based on the table below, the four-firm concentration ratio equals what percentage of annual sales?
 
  A) 33 percent
  B) 40 percent
  C) 60 percent
  D) 100 percent

Question 2

A sale of bonds by the Fed generates
 
  A) an increase in the demand for money balances.
  B) a decrease in the demand for money balances.
  C) an increase in the demand for bonds and a rise in bond prices.
  D) an increase in the supply of bonds and a fall in bond prices.

[shayla]

Answer to Question 1

C

Answer to Question 2

D

[charchew]

Thanks for the timely response, appreciate it

[Viet Thy]

TYSM