Which of the following are reasons to consider the protective role of the state in an economic framework?
a. The protection of rights is necessary for a functioning economy.
b. The protection of rights comprises a large portion of the government spending.
c. The protection of rights is necessary for international trade.
d. Both a and
b.
d. Both a and
c.
d
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Which of the following is most liquid?
A) a share of stock B) a corporate bond C) a government bond D) a $100 bill
In the film A Beautiful Mind, each of the three characters, Nash, Sol, and Bender, played a game where each preferred pursuing the blonde while the other two players pursued brunettes, so each preferred a different equilibrium
Also, no player had a dominant strategy in this game. Based on this, explain which of the 5 game archetypes their game did and did not represent.
All of the following statements about the United States are true EXCEPT:
A) The largest imports are services like royalties, license fees, and financial services, and the largest exports are goods like crude oil, automobiles, and clothing. B) The United States is the world's largest international trader. C) The United States imports more than it exports. D) Services account for a larger portion of U.S. exports than U.S. imports. E) Imports are a larger percentage of total expenditure than exports are a percentage of total production.
How would proponents of the efficient markets hypothesis use the Gordon-Growth model to explain the movement of stock prices during the Financial Crisis of 2007-2009?
What will be an ideal response?