If Tattling Tina wants to not be hit, what strategy could she follow
a. Threaten to not tell
b. Always not tell
c. Threaten to tell
d. All of the above
c
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In the United States, between 1961 and 2011, there has been
i. a consistent , non-changing growth rate of potential GDP per person. ii. an increase in the standard of living based on real GDP per person. iii. fluctuations in real GDP per person around potential GDP per person. A) ii only B) i, ii and iii C) i and ii only D) ii and iii E) i only
Explain why in situations where the Coase Theorem applies, bargaining power does not influence whether the efficient outcome is reached, but affects the distribution of gains
What will be an ideal response?
Which of the following shifts long-run aggregate supply right?
a. an increase in either technology or the human capital stock. b. an increase in human capital but not technology. c. an increase in technology, but not the human capital stock. d. neither an increase in technology nor the human capital stock.
Which of the following is a long-run concept?
A. Fixed costs. B. Diseconomies of scale. C. Diminishing returns. D. Diminishing marginal productivity.