The message of the ultimatum game is that:
A. people pursue self-interest and the good of the group suffers.
B. people like to make threats.
C. sometimes concerns of fairness top rational selfishness.
D. people pursue self-interest and the good of the group is served.
Answer: C
You might also like to view...
In which market structure does one firm sell a good or service with no close substitutes and there is a barrier blocking the entry of new firms?
A) only monopoly B) only oligopoly C) perfect competition D) monopolistic competition E) either monopoly or oligopoly
As you eat a hamburger, there is less and less of it available for someone else to eat. This is the characteristic of nonexclusivity
Indicate whether the statement is true or false
Proponents of deficit reduction argue that the principal effect will be an
a. outward shift of the aggregate supply curve. b. inward shift of the aggregate supply curve. c. outward shift of the aggregate demand curve. d. inward shift of the aggregate demand curve.
Which of the following is an example of a special-interest group?
A. Democratic party B. Bureau of Alcohol, Tobacco, and Firearms C. National Rifle Association D. Association of State Legislators E. all of these answer options are correct.