Which group tends to have the highest unemployment rate in the United States?
A. Whites
B. women
C. Hispanics
D. men
E. Blacks
Answer: E
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Which of the following is not a characteristic of a chicken game?
A) Neither player has a dominant strategy. B) Nash equilibria exist at every outcome where the players successfully coordinate. C) The two general outcomes are where players either coordinate with one another or they do not. D) When both players play their tough strategy, they each receive their best possible payout.
The current official "base year" is
A) 2000. B) 1992. C) 1980. D) 1972.
Goods with close substitutes tend to have more elastic demands than do goods without close substitutes
a. True b. False Indicate whether the statement is true or false
Suppose that the price of doughnuts decreases. Given that doughnut-holes are a by-product of producing doughnuts, one would expect:
A. the supply of doughnuts to increase. B. the supply of doughnut holes to increase. C. the supply of doughnuts to decrease. D. the supply of doughnut holes to decrease.