In game theory, each player is assumed to have the following, except:
A. Alternative strategies or actions
B. Alternative outcomes or results
C. Alternative payoffs or earnings
D. Alternative partners or co-players
D. Alternative partners or co-players
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What tools can unions use to increase the demand for union labor?
What will be an ideal response?
The actual government budget deficit ________ be used to determine the effectiveness of discretionary fiscal policy actions because ________
A) cannot; it excludes non-discretionary spending changes B) can; it includes non-discretionary spending changes C) cannot; it includes non-discretionary spending changes D) can; it excludes automatic stabilization expenditures
New technologies may reduce oligopoly power by
a. increasing the minimum efficient scale b. raising barriers to entry c. raising prices and lowering output d. reducing barriers to entry e. reducing the choices available to consumers in the market
Personal income taxes and corporate income taxes are examples of ____ taxes.
A. variable B. sales C. fixed D. disposable