When applying the marginal principle, you should pick the level at which the activity's marginal benefit is less than its marginal cost
Indicate whether the statement is true or false
FALSE
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An increase in the Japanese interest rate will ________ the demand for dollars and lead the dollar to ________
A) increase; appreciate B) increase; depreciate C) decrease; appreciate D) decrease; depreciate
When a free market for a good reaches equilibrium, anyone who is willing and able to pay the market price can buy the good
a. True b. False Indicate whether the statement is true or false
Will and Grace have adjoining unfenced back yards and each has just adopted a new puppy. Will values a fence between their yards at $250 and Grace values a fence between their yards at $200. The cost of building the fence is $300, which will be split equally if they both agree to build the fence. Therefore, their payoff matrix is as follows. 
In the Nash equilibrium of this game:
A. Will will build the fence by himself. B. Will and Grace will both build the fence and split the cost. C. no fence will be built. D. the fence will be built, but it is uncertain who will build it.
Which of the following would NOT encourage economic growth in the United States?
A. An improvement in shipbuilding technology that allows large cargo ships to be built at lower cost, reducing the cost of trading with other countries B. The development of a better Internet search engine C. A limit on the number of foreign citizens who are permitted to study in high-level research institutions in the United States D. The development of artificial intelligence, allowing computers to fill jobs formerly occupied by human beings