The likely outcome of the standard prisoners' dilemma game is that
a. neither prisoner confesses.
b. exactly one prisoner confesses.
c. both prisoners confess.
d. Not enough information is given to answer this question.
c
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Generally, the gender pay gap increases as the level of educational attainment
a. increases b. decreases c. neither of the above because it depends on how hard a person works d. neither a nor b because such data are not available
A subsistence economy is
a. a very low income economy. b. an economy in which people make what they consume. c. an economy in which people receive food for pay. d. all of the above.
A new loan results in an increase in the customer's checking account and the bank's demand deposits
a. true b. false
Which scenario is the BEST example of how the government would act in a mixed market economy?
A) The government requires a factory to produce surplus goods for the use of the military. B) The government stops a factory from producing imitations of an expensive type of purse. C) The government allows only two competitors to offer goods for sale on the country's highways. D) The government imposes a limit on the number of television sets that can be exported annually.