The imposition of an import quota shifts
a. the supply of currency right, so the exchange rate falls.
b. the supply of currency left, so the exchange rate rises.
c. the demand for currency right, so the exchange rate rises.
d. the demand for currency left, so the exchange rate falls.
c
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One reason that DOWN,RIGHT is not a NASH equilibrium is that
a. Player B receives a payoff of 8 as opposed to the payoff of 20 that he would receive if he changed his strategy. b. Player B receives a payoff of 20 as opposed to the payoff of 30 that he would receive if he changed his strategy. c. Player A receives a payoff of 20 as opposed to the payoff of 30 that he would receive if he changed his strategy. d. DOWN, RIGHT is a Nash equilibrium.
Deductibles, copayments, and coinsurance are all ways in which insurance companies can address the problem of moral hazard
Indicate whether the statement is true or false
The first major piece of antitrust legislation was:
a. Clayton Act. b. Celler-Kefauver Act. c. Sherman Antitrust Act. d. Rockefeller Act. e. Robinson-Patman Act.
Which of the following is not a determinant of the demand for a particular good?
a. the prices of related goods b. income c. tastes d. the prices of the inputs used to produce the good