Game theory suggests that in the trust game:

A. trustees will be untrustworthy and will forego potentially profitable investments.

B. trustees will be trustworthy and will pursue all potentially profitable investments.

C. trustees will be untrustworthy, but will pursue all potentially profitable investments.

D. trustees will be trustworthy, but will forego potentially profitable investments.


A. trustees will be untrustworthy and will forego potentially profitable investments.

Economics

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Which of the following is true?

A) The loanable funds model is essentially a model that determines the long-term nominal rate of interest. B) The loanable funds model is essentially a model that determines the short-term real rate of interest. C) The money market model is essentially a model that determines the short-term real rate of interest. D) The money market model is essentially a model that determines the short-term nominal rate of interest.

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Economics