If businesses feel more optimistic about the state of the economy, then this change is likely to:
A. Cause a movement up the investment demand curve
B. Cause a movement down the investment demand curve
C. Shift the investment demand curve to the left
D. Shift the investment demand curve to the right
D. Shift the investment demand curve to the right
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The above figure shows the market for anti-freeze. The government imposes the sales tax shown in the figure on sellers. The sales tax on anti-freeze decreases the quantity of anti-freeze that automobile owners purchase by
A) 0 gallons. B) 1000 gallons. C) 2000 gallons. D) 3000 gallons.
A decision matrix:
A. outlines the clear outcome of any strategy-based game. B. shows only the decisions of one player. C. is not useful in evaluating the strategic choices. D. summarizes the players, strategies, and payoffs associated with a game.
A strategy that limits defection in a repeated prisoner's dilemma game is:
A. a tit-for-tat strategy. B. an ultimatum bargaining game. C. a Nash equilibrium. D. a cartel.
Most of the costs of unemployment can be measured in financial terms.
Answer the following statement true (T) or false (F)