Which of the following policies toward kidnappings would you recommend to authorities?
A) State policy of NO negotiations. If a kidnapping occurs, authorities should negotiate.
B) State policy of negotiations. If a kidnapping occurs, authorities should NOT negotiate.
C) State policy of negotiations. If a kidnapping occurs, authorities should negotiate.
D) none of the above
D
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Lou and Alex live together and share household chores. They like to cook some meals ahead of time and eat leftovers. The accompanying table shows the number of rooms they can each clean and the number of meals they can each cook in an hour. Rooms Cleaned Per HourMeals Cooked Per HourLou54Alex33Which of the following is true?
A. Alex has both an absolute advantage and a comparative advantage over Lou in both tasks. B. Alex has a comparative advantage over Lou in cleaning. C. Lou has both an absolute advantage and a comparative advantage over Alex in both tasks. D. Lou has a comparative advantage over Alex in cleaning.
Of the collection of supply and demand diagrams in Figure 2.2, which one(s) could show the result of a decrease in income?
A. Figure 1 B. Figure 2 C. Figure 3 D. Figures 1 and 2
If you are following a tit-for-tat strategy in a repeated game, and your opponent makes a cooperative move, you will:
A. collude. B. make a cooperative move in the next round. C. price compete. D. defect.
The benefits of economic growth are ________, while the costs of economic growth are ________.
A. increased output per person; too small for concern B. more current consumption; less future consumption C. increased output per person; less future consumption D. increased output per person; the consumption sacrificed in exchange for capital formation