All examples of the prisoner's dilemma game are characterized by one and only one Nash equilibrium
a. True
b. False
Indicate whether the statement is true or false
False
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Checking account balances are included in
A) M1 only. B) M2 only. C) both M1 and M2. D) neither M1 nor M2.
Using Figure 1 below, if the aggregate demand curve shifts from AD2 to AD3 the result in the long run would be:
A. P1 and Y2.
B. P2 and Y2.
C. P1 and Y1.
D. P4 and Y2.
The relationship between the wage rate and the quantity of labor that workers wish to supply in total is called: a. the market supply curve for labor
b. the market demand curve for labor. c. an individual demand curve for labor. d. an individual supply curve for labor.
All of the following are examples of public goods that government has assumed responsibility for over the years except
a. national parks b. interstate highways c. sewage systems d. street lighting e. stock exchanges