In 1900, the average life expectancy in the U.S. was:
a. 32
b. 47
c. 60
d. 68
B
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A prisoner's dilemma illustrates situations in which:
A. resources with the lowest opportunity cost should be used first. B. there is a conflict between the narrow self-interest of individuals and the broader interests of a group. C. everyone does best when each person specializes in the activities in which he or she has a comparative advantage. D. efficiency is an important social goal.
As contrasted to the Keynesian view, mainstream economists believe that ________ than Keynesian economists believe
A) the real GDP growth rate is larger B) any crowding out effect is smaller C) the effects from fiscal stimulus are weaker D) potential GDP is less important E) the multiplier effect is larger
In response to Southern restrictions on the export of cotton in 1861 and 1862,
a. Britain was forced to give financial aid to the Confederate government due to its dependence on Southern cotton. b. Britain provided a naval blockade protecting ships carrying Southern cotton. c. the price of Southern cotton soared, allowing Southern planters to earn substantial profits. d. Britain relied on alternate sources of supply to meet its cotton demand.
Consider the accompanying payoff matrix. 
What is player A's dominant strategy?
A. Left B. Down C. Right D. Up