The table below shows how the payoffs to two political candidates depend on whether the candidates run a positive or negative campaign. The payoffs are given in terms of the percentage change in the number of votes received. 
In the Nash equilibrium of this game:
A. both candidates run negative campaigns.
B. one candidate runs a positive campaign, and the other runs a negative campaign.
C. as long as one party runs a positive campaign, the other does too.
D. both candidates run positive campaigns.
Answer: A
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In the research that used the audit method to send 38 people to purchase new cars from car dealers in Chicago, the lowest prices were quoted to
A) black women. B) white women. C) black men. D) white men.
A tax imposed by a state or local government on retail sales of most products is
A) an excise tax. B) a sales tax. C) a consumption tax. D) a social service tax.
On the 45-degree line diagram, the 45-degree line shows points where
A) real aggregate expenditure equals real GDP. B) real aggregate expenditure equals C + I. C) real income equals real GDP. D) real aggregate output equals the quantity produced.
Nonexcludable goods tend to be undersupplied because:
A. the free rider problem persists. B. people do not pay the true value of the good. C. people rarely willingly pay for something they could get for free, regardless of how much they value it. D. All of these statements are true.