Consider to the accompanying payoff matrix. 
If player A makes his or her choice before player B, then what will be the equilibrium outcome of this game?
A. Player A and player B both get 60.
B. Player A gets 5 and player B gets 70.
C. Player A gets 70 and player B gets 5.
D. Player A and player B both get 50.
Answer: A
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In Taylor Rule equation, high value of parameter a indicates that
A) Fed cares more about avoiding recessions and high unemployment than about avoiding inflation. B) Fed cares more about avoiding inflation than about avoiding recessions and high unemployment. C) Fed cares more about avoiding recessions than about avoiding high unemployment. D) Fed cares more about avoiding high unemployment than about avoiding recessions.
What are the private costs of driving an automobile? What are the external costs?
What will be an ideal response?
An increase in the expected future price of a good may act to increase the present price of the good
a. True b. False Indicate whether the statement is true or false
Games:
A. will always have several stable outcomes. B. are always zero sum. C. will always have a dominant strategy. D. None of the above are true.