The current system of exchange rates followed by most world economies is a free float
Indicate whether the statement is true or false
false
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The prisoner's dilemma game can be used to describe
A. the game Rock Paper Scissors B. why candidates in elections go negative. C. how individuals acting in their self-interest leads to the best outcome overall. D. a zero sum game.
What programs will dramatically increase future deficits and debt if tax rates are not increased and spending in these programs is not reduced?
a. military and homeland security spending b. welfare and food stamp spending c. environmental restoration and transportation spending d. Social Security and Medicare spending
Both Google and Facebook make their money by charging advertisers to run their ads, and the bigger an audience they have, the more they can charge.
Answer the following statement true (T) or false (F)
The demand for novels is ________ than is the demand for science textbooks because ________.
A. less price elastic; novels have less available substitutes. B. less price elastic; novels have more available substitutes. C. more price elastic; novels have more available substitutes. D. more price elastic; novels have less available substitutes.