In sequential games,
a. Players take turns, and each player observes what his or her rival did before having to move
b. Players take turns, but each player does not observe what his or her rival did before having to move
c. Players move at the same time
d. None of the above
a
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"Taxes are what we pay for a civilized society." This statement was made by
A) Herbert Hoover. B) Adam Smith. C) Franklin Roosevelt. D) Oliver Wendell Holmes.
Economists who focus their analyses on the effects of a change in the money supply and velocity are called
a. realists. b. Keynesians. c. supply-siders. d. monetarists.
Which of the following is likely to lead to a decrease in the demand for tennis balls?
A. An increase in the expected future price of tennis balls. B. An increase in the price of tennis racquets. C. An increase in the price of tennis balls. D. An increase in the price of the rubber used to make tennis balls.
Pecuniary is a term that means ______.
a. having to do with money b. having to do with pollution c. effective d. ineffective