Assume a country agrees to a free-trade act with another country. In the process, some individuals are displaced from their jobs, thus the free-trade act results in a negative externality
A) False.
B) True.
C) Only if those who were displaced are not compensated with another job or income transfer.
D) Only if those who were displaced were compensated with another job or income transfer.
C
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Claims that economic agents have against banks are known as:
A) assets. B) capital. C) deposits. D) liabilities.
Under J.C. Penney's everyday low pricing policy, the everyday low prices
A) were always lower than the sale prices under the previous policy. B) ended up being the highest prices ever charged by the company. C) ended up being higher than the sale prices under the previous pricing policy. D) were not actually charged every day, but only once a month during half-off sales.
Other things equal, an increase in defense spending will increase the budget deficit
a. True b. False Indicate whether the statement is true or false
The payoff matrix below shows the payoffs (in millions of dollars) for two firms, A and B, for two different strategies, investing in new capital or not investing in new capital. 
Firm A's dominant strategy is to ________, and Firm B's dominant strategy is to ________.
A. not invest; invest B. not invest; not invest C. invest; invest D. invest; not invest