The stable outcome of the game in the figure shown will be:
A. Nike charges a low price, and Adidas charges a high price.
B. Nike and Adidas both charge a high price.
C. Nike charges a high price, and Adidas charges a low price.
D. Nike and Adidas both charge a low price.
Answer: D
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A sudden fall in housing prices in Potentia has lowered the confidence of households. Assuming all else equal, this is likely to lead to a(n) ________
A) increase in the demand for construction workers B) fall in the unemployment rate C) increase in the overall price level D) decline in current consumption
The countries that have made the least use of securities markets are ________ and ________; in these two countries finance from financial intermediaries has been almost ten times greater than that from securities markets
A) Germany; Japan B) Germany; Great Britain C) Great Britain; Canada D) Canada; Japan
A package of nontraded financial instruments can be transformed into a traded financial instrument through the process of
A) collateralization. B) repurchasing. C) securitization. D) underwriting.
The four categories of investment expenditures are
a. producer’s durable equipment and software, new nonresidential structures, changes in inventories, and residential structures. b. producer’s durable equipment and software, new nonresidential structures, consumer’s durable equipment and structures, and residential structures. c. producer’s durable equipment and software, new nonresidential structures, consumer’s durable equipment and structures, and residential structures. d. consumer’s durable equipment and structures, new nonresidential structures, changes in inventories, and residential structures.