A ________ is an extensive -form representation of a game
A) payoff matrix
B) game tree
C) Nash equilibrium
D) pure strategy
B
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Government regulations that increase the cost to the employer of hiring workers will:
A. increase the supply of labor. B. increase the demand for labor. C. decrease the supply of labor. D. decrease the demand for labor.
Which of the following statements about reserves is correct?
a. When an economy is in recession, banks are likely to hold a higher proportion of reserves. b. When an economy is in recession, banks are likely to hold a lower proportion of reserves. c. When an economy is in recession, banks are likely to hold the same proportion of reserves. d. When an economy is in recession, banks are likely to hold no reserves.
A leveraged buyout by Eaton's of Simpson's stock or assets
a. is financed by Eaton's using its own corporate retained earnings b. is primarily debt financed c. is financed by Eaton's stock offering d. is financed by Eaton's selling Simpson's stock or assets that Eaton's acquires in the leveraged buyout e. is financed by Simpson's going bankrupt allowing Eaton's to buy its stock or assets below value (which means leveraged)
By 2007 the deficit
a. was out of control and increased substantially soon thereafter. b. seemed under control but increased substantially soon thereafter. c. was out of control but decreased substantially soon thereafter. d. seemed under control and decreased substantially soon thereafter.