Answer the following statement(s) true (T) or false (F)
1. Married women generally earn less than married men.
2. Some employers discriminate to reduce information costs.
3. Poverty thresholds fail to account for inflation.
4. Poverty dropped during the 1960s.
5. In 2016, the highest poverty rate was among those aged 65 or older.
1. TRUE
2. TRUE
3. FALSE
4. TRUE
5. FALSE
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Why is collusion more likely in a repeated game?
What will be an ideal response?
A line is parallel to the vertical axis. The slope of the line is
A) zero. B) infinite. C) indicative of an inverse relationship between two variables. D) indicative of a direct relationship between two variables. E) b and d
Many Asian countries since the 1980s and 1990s have:
A. supported export-led growth instead of import substitution policies. B. supported import substitution policies instead of export-led growth. C. failed in their attempts at industrial clustering. D. been extremely successful in their attempts at industrial clustering.
The following provides information for a one-shot game.Firm AFirm B??Low PriceHigh Price?Low Price(2,2)(10,-8)?High Price(-8,10)(15,15)What are the dominant strategies for firm A and firm B respectively?
A. Neither firm has a dominant strategy. B. (low price, high price) C. (high price, low price) D. (high price, high price)