Refer to the following game.Firm AFirm B??Low PriceHigh Price?Low Price(10,9)(15,8)?High Price(-10,7)(11,11)What are the secure strategies for firm A and firm B respectively?
A. (high price, high price)
B. (low price, low price)
C. (low price, high price)
D. (high price, low price)
Answer: C
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Federal subsidies to higher education have the effect of
a. increasing the number of people seeking higher education and lowering tuition b. increasing the number of people seeking higher education and raising tuition c. decreasing the number of people seeking higher education and lowering tuition d. decreasing the number of people seeking higher education and raising tuition
A contractionary fiscal policy
I. decreases a government budget deficit or increases a government budget surplus. II. includes tax cuts. III. may include discretionary cuts in transfer payments. A) I, II, and III B) I and II only C) I and III only D) II and III only
In a recent year GDP per capita in the United States was much higher than GDP per capita in France. Why would there be such a large difference in GDP per capital between two rich leader countries?
Please provide the best answer for the statement.
Monetarists argue that the relationship between:
A. The quantity of money the public wants to hold and the level of GDP is not stable B. The quantity of money the public wants to hold and the level of GDP is stable C. The quantity of money the public wants to hold and the level of saving is stable D. Velocity and the interest rate varies directly