Most doctors are employed by the government and most hospitals are owned by the government in
A) Canada. B) Japan.
C) the United Kingdom. D) the United States.
C
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A borrower and a lender agree on a mortgage interest rate. If inflation turns out to be less than expected
A) the actual real interest rate will exceed the expected real interest rate. B) the actual real interest rate will be less than the expected real interest rate. C) the actual nominal interest rate will be higher than expected. D) the actual nominal interest rate will be less than expected.
All examples of the prisoner's dilemma game are characterized by one and only one Nash equilibrium
a. True b. False Indicate whether the statement is true or false
Developing economies are generally characterized by a dual economy, which means that they have:
A. an international sector and a domestic sector. B. a public sector and a private sector. C. a market sector and a traditional sector. D. a manufacturing sector and an agricultural sector.
Having government-issued money makes it easier for policymakers to
A. guide and control the economy. B. keep wages high in certain key industries. C. completely prevent inflation. D. keep oil prices stable.