Refer to the payoff matrix below, which ________ a prisoner's dilemma. If both countries cooperate, Home will choose Policy ________ and Foreign will choose Policy ________
A) is; 1; A
B) is; 2; B
C) is; 1; B
D) is not; 2; B
E) is not; 1; A
B
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During the 2008 - 09 recession, the U-6 measure of the unemployment rate
A) which counts marginally attached workers as unemployed but does not count discouraged workers as unemployed, reached 17 percent. B) which counts all part time workers as employed, reached 12 percent. C) which counts discouraged workers as unemployed but does not count marginally attached workers as unemployed, reached 17 percent. D) which counts marginally attached workers and discouraged workers as unemployed, reached 17 percent. E) which counts marginally attached workers and discouraged workers as employed, reached 10 percent.
If Tom purchases and consumes an entire Pizza, which of the following is likely to be true?
a. The total utility of the first two pieces will be positive and the marginal utility of the second piece will be negative. b. The marginal utility of the second piece will be positive and the total utility of the first two pieces will be negative. c. The total utility of the first two pieces will be positive and the marginal utility of the second piece will be less than the marginal utility of the first piece. d. The marginal utility of the second piece will be positive and the total utility of the first two pieces will be less than the marginal utility of the first piece.
Which of the following could decrease the demand for yen in the foreign exchange market?
a. a higher inflation rate in Japan b. higher interest rates in Japan c. lower prices in the U.S. d. a depreciation of the dollar e. an appreciation of other currencies
Suppose there is a decrease in the price at which a bondholder sells her bond. In this case, the holding period return will:
A. decrease, since this lowers the capital gain. B. be negative. C. equal the coupon rate. D. increase, since yields and prices are inversely related.