Refer to the figure below. In this game, how many dominant strategies does Player B have?
A. 0
B. 4
C. 2
D. 1
Answer: A
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A good is nonexcludable if no externalities, either negative or positive, are associated with its production or consumption.
Answer the following statement true (T) or false (F)
Contractionary fiscal policy is enacted when the overall effect of decisions about taxation and spending is to:
A. reduce aggregate demand. B. increase aggregate demand. C. reduce aggregate supply. D. increase aggregate supply.
Which segment of the World Bank funds the world's poorest countries—those unable to repay its standard loans—such as India, Pakistan, Bangladesh, Nigeria, and Ethiopia?
a. the International Finance Corporation b. the International Bank for Reconstruction and Development c. the International Development Association d. the Multilateral Investment Guarantee Agency
In order to accurately capture the multiplier effect, it is important to know:
A. what people's expectations of the future are. B. real GDP. C. what proportion of their additional income people spend. D. individual's wealth.