Refer to Figure 10.1. The dominant strategy for ________ is to contribute

A) Daisy
B) Bo
C) Luke
D) none of the above


D

Economics

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Domingo is a contestant on a trivia quiz show. For every state capital he can correctly identify, he will win $1,000 . However, before identifying any capitals, he must decide how many he thinks he can correctly identify. If he cannot identify as many as he has wagered, Domingo will not win any money. Suppose Domingo says that he can correctly identify 42 state capitals for a potential payoff of

$42,000 . According to studies of human decision-making, what is most likely to happen? a. Domingo will be able to identify 42 state capitals and he will win $42,000. b. Domingo will be able to identify fewer than 42 state capitals and will not win any money. c. Domingo will not be able to identify any state capitals and will not win any money. d. Domingo will choose to save all of the money he wins on the quiz show for his retirement.

Economics

Suppose you purchase a savings bond today for $25 . In seven years you may cash in the savings bond for $50 . What is the approximate interest rate paid by the savings bond?

a. 5% b. 10% c. 15% d. 20%

Economics

Approximately what percentage of total health care spending goes toward hospital care?

a. One-fifth b. One-third c. One-fourth d. One-tenth e. One-half

Economics

Which of the following is true of refundable tax credits?

A. They included Child Tax Credit but not Earned Income Tax Credit. B. They resulted in a decrease in tax filings while population increased during the 1980s. C. They led to a decrease in the number of income-tax returns filed during the 2000s. D. They increased the number of low-earning households filing tax returns.

Economics