First-mover advantage is:
A. most advantageous in a prisoner's dilemma-type game.
B. very important in one-round sequential games.
C. likely to lead to a positive-positive outcome.
D. None of these statements is true.
B. very important in one-round sequential games.
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Which of the following individuals will the Bureau of Labor Statistics not count as unemployed?
A) Those who are not eligible for unemployment compensation because they have not worked in covered employment. B) Those who have turned down job offers comparable to the most recent one they held. C) Those who have used up their unemployment compensation benefits. D) Those who live in a household where at least one other person is employed full time. E) None of the above prevents an individual from being counted as unemployed.
If the United States has a current account deficit and the capital account is zero, which of the following must be true?
A) The balance on the financial account must equal the balance on the current account. B) Domestic public saving must be less than net foreign investment. C) Net foreign investment must be negative as well. D) Domestic private saving must be less than net foreign investment.
Which of the following would not shift demand curve for union labor to the right?
a. increased demand for union-made goods b. increased labor productivity by lowering quit rates c. increased supply of products that compete with union-made products d. increased labor productivity through better labor-management relations e. appeals to consumers to buy only union-made products
A graph illustrating the relationship between the quantity of money demanded and the interest rate would have a slope that is:
a. positive. b. negative. c. horizontal. d. vertical.