When neither player has a dominant strategy,
A) game theory will not provide information.
B) no Nash-Equilibrium exists.
C) at least one Nash-Equilibrium exists.
D) the game cannot be analyzed.
C
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From 1929 to 1932, the total value of the stock market:
A. stayed the same. B. more than tripled. C. more than quadrupled. D. decreased by nearly 90 percent.
When the IMF provides loans to developing countries, it often requires these countries to adopt:
A. a contractionary fiscal policy and an expansionary monetary policy. B. contractionary monetary and fiscal policies. C. expansionary monetary and fiscal policies. D. a contractionary monetary policy and an expansionary fiscal policy.
All of the following are major sources for financing public education EXCEPT
A) income taxes. B) sales taxes. C) property taxes. D) government fees.
The characteristic of limited liability enables corporations to
A. raise large amounts of financial capital. B. exist even when owners die. C. start up and dissolve easily. D. avoid taxes on some of their profits.