In a repeated game,
a. Cooperation is more likely than in a one-shot game
b. Cooperation is less likely than in a one-shot game
c. Cooperation can be either more or less likely than in a one-shot game
d. The results are likely to be the same as in a one-shot game
a
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In a particular year, if the real GDP of Country Y is $400,000 and the nominal GDP of Country Y is $450,000, the GDP deflator is ________
A) 115 B) 112.5 C) 102 D) 0.17
The egalitarian principle says
A) that everyone should have exactly the same income. B) that the age-earnings cycle should determine income. C) that people should be compensated on the basis of what they produce. D) that people should be compensated on the basis of their need.
With the creation of value, there is a
A. leftward shift of both the demand and supply curves. B. leftward shift of the demand curve and a rightward shift of the supply curve. C. rightward shift of the demand curve. D. leftward shift of the supply curve.
If Boeing decides to build a new plant using retained earnings,
A. the value of shares of Boeing held by stockholders goes up. B. the total value of Boeing goes up. C. it does so only with the shareholders' explicit consent. D. All of the above are correct.