Monetary and fiscal policy are primarily tools for long-run economic stabilization
a. True
b. False
Indicate whether the statement is true or false
False
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Strikes occur in about ________ percent of the labor-management negotiations
A) 2 B) 16 C) 25 D) 40
Prostitution and sale of illegal drugs are typically part of the underground economy.
Indicate whether the statement is true or false.
In terms of capabilities, education can be seen as:
A. a factor that reduces income inequality in countries. B. something that requires a lot of funding, but produces very little return. C. a feature of more democratic regimes. D. contributing to better family planning.
Refer to the payoff matrix. Bob's Burgers and Sam's Sandwiches are competing restaurants in a small town. Both are considering adding pizza to their line of products. If this is a sequential game:
A. whoever moves first to add pizza will discourage the other from adding pizza.
B. neither firm will add pizza, regardless of who moves first.
C. both firms will add pizza, regardless of who moves first.
D. there is only one possible Nash equilibrium for this game.