The types of games analyzed by the Nash equilibrium are
a. Simultaneous move games
b. Sequential move games
c. Both of the above
d. None of the above
c
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Assuming all else equal, the credit supply curve shows the relationship between the quantity of credit supplied and the:
A) real wage rate. B) real interest rate. C) income tax rate. D) inflation rate.
To offset the effect of households and firms deciding to hold more of their money in checking account deposits and less in currency, the Federal Reserve could
A) raise government spending. B) sell Treasury securities. C) raise bank taxes. D) lower the required reserve ratio.
What two fiscal policy measures do you recommend to remove it?
The beta for an asset considered to be risk-free:
A. can be any positive number. B. is negative. C. equals zero. D. equals 1.