Refer to the figure below. In this game, how many dominant strategies does Player A have?
A. 1
B. 4
C. 0
D. 2
Answer: A
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Of the following demographic groups, which has the lowest poverty rate in the U.S.?
a. Families headed by a female with no adult male present. b. Families in which the "head of the household" has not attained a high-school education. c. Families headed by a male with no adult female present. d. Families in which the "head of the household" has attained at least a bachelor's degree from a college or university.
You could borrow $1,000 today from Bank A and repay the loan, with interest, by paying Bank A $1,060 one year from today. Or, you could borrow $1,500 today from Bank B and repay the loan, with interest, by paying Bank B $1,600 one year from today. Which of the following statements is correct?
a. The interest rate on the loan from Bank A is higher than the interest rate on the loan from Bank B. b. The interest rate on the loan from Bank A is lower than the interest rate on the loan from Bank B. c. The interest rates on the two loans are the same. d. There is not enough information to determine which loan has the higher interest rate.
The lowest two-fifths of our population receives about _____% of our total income.
A. 5 B. 9 C. 12 D. 18
The monopolistic competitor produces a ________ output than the perfect competitor, charges a ______ price, and in the long run, earns __________ profit.
Fill in the blank(s) with the appropriate word(s).