According to Prisoners'' Dilemma

a. Both parties do not confess
b. It is difficult to maintain cooperation among prisoners
c. Both a and b
d. None of the above


b

Economics

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The invention of genetically engineered corn that prevents yield loss due to corn rootworm will

A. shift the supply curve of US corn to the right. B. shift the supply curve of US corn to the left. C. shift the demand curve for US corn to the right. D. shift the demand curve for US corn to the left.

Economics

Which of the following is considered a major component of aggregate expenditure?

a. net exports b. net imports c. aggregate supply d. aggregate demand

Economics

The assumption of completeness means that

A) the consumer can rank all possible consumption bundles. B) more of a good is always better. C) the consumers can rank all affordable consumption bundles. D) all preferences conditions are met.

Economics

Employment tends to fall when aggregate output falls.

Answer the following statement true (T) or false (F)

Economics