The tit-for-tat strategy:
A. makes cooperation unlikely.
B. is not possible in single-round games.
C. is not effective in repeated games.
D. All of these statements are true.
Answer: B
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Based on the figure below. Starting from long-run equilibrium at point C, a tax cut that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies.
A. D; C B. B; C C. B; A D. D; B
The formula for the growth rate of multifactor productivity is
A) a = y + bk + (1 - b)n. B) y = a + bk + bn. C) a = y - bk - (1 - b)n. D) y = a - b/k(1 - b)n.
Which of the following statistics can turn negative?
A. inflation rate B. CPI C. unemployment rate D. GDP
Preempting demand, gaining volume cost advantages, building the brand, and establishing a long-term competitive advantage are associated with
What will be an ideal response?