Refer to Scenario 12.2. If each player plays an ideal mixed strategy, then both will donate a kidney about ________ of the time
A) 6.25%
B) 12.5%
C) 37.5%
D) 50%
A
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In the aggregate expenditures model, if aggregate expenditures (AE) are greater than GDP, then:
a. inventory is unchanged. b. inventory is accumulated. c. employment decreases. d. GDP increases.
If the government of a country with a zero trade balance started with a budget deficit and moved to a budget surplus, domestic investment would
a. rise and there would be a trade surplus. b. rise and there would be a trade deficit. c. fall and there would be a trade surplus. d. fall and there would be a trade deficit.
Recall the Application about the effects of increasing state level Earned Income Tax Credit (EITC) on child health in the United States to answer the following question(s).Recall the Application. Earned Income Tax Credit improves child health because:
A. it increases employment and hence, health benefits. B. it increases income resulting in higher health expenditures. C. it forces children to work so they can get health insurance. D. it increases employment and hence, health benefits and it increases income resulting in higher health expenditures are both correct.
In Figure 20.1, the increase in Real GDP might reflect 
A. a stronger currency. B. reduced worker productivity. C. reduced government spending. D. the end of a period of price deflation.