Refer to the payoff matrix below. If Best Lights and Bright Lights both know that they will play the game a finite number of times, but neither firm knows when the last period will be, there ________ an opportunity to earn higher profit because the managers ________ worry about punishment for cheating.
A) is; will not
B) is; will
C) is not; will
D) is not; will not
B) is; will
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In October of 20142, the interest rate on money market accounts was about 0.2 percent. In 2007, the interest rate on money market accounts was about 4.0 percent
What has been the impact on the demand for money curve from this fall in the interest rate? A) the money demand curve shifted to the right B) the money demand curve shifted to the left C) there was a downward movement along the demand for money curve D) there was an upward movement along the demand for money curve
The largest component of the money supply (M1 ) is
A) time deposits. B) large CDs. C) demand deposits. D) coin and currency.
Which agency lends money to countries to promote their economic development?
A. the World Bank B. the Federal Reserve C. the International Monetary Fund D. the League of Nations
Doing something that is not necessarily discriminatory on its face but impacts some groups more negatively than others is called
A. rational discrimination. B. disparate treatment discrimination. C. statistical discrimination. D. adverse impact discrimination.