How retail gasoline stations behave in a local market is an example of a macroeconomic issue
a. True
b. False
B
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U.S. Treasury bonds
A) carry no risk of default and are therefore not risky investments. B) have constant yields to maturity and are therefore not risky investments. C) have constant coupon rates and are therefore not risky investments. D) are subject to fluctuations in their market prices and are therefore risky investments.
Which of the following is NOT a reason why a monopoly might be regulated?
A. To reduce the inefficiency associated with profits B. To limit prices in important markets with economic or political consequences C. To deal with the negative consequences of government-created monopolies D. To ensure that a good is produced at least cost
Which of the following actions of the Fed is likely to lead to a decrease in the money supply?
a. A decrease in the discount rate b. An increase in reserve requirements c. A decrease in reserve requirements d. A purchase of government securities by the Fed in the open market
Suppose Firm A and Firm B are considering whether to invest in a new production technology. For each firm, the payoff to investing (given in thousands of dollars per day) depends upon whether the other firm invests, as shown in the payoff matrix below. 
What is the Nash equilibrium of this game?
A. Firm A invests, and Firm B invests. B. Firm A doesn't invest, and Firm B doesn't invest. C. Firm A doesn't invest, and Firm B invests. D. Firm A invests, and Firm B doesn't invest.