Which of the following statements is ?false?
What will be an ideal response?
A society that wants more in the future should consume more of its capital today.
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A game where it only matters that the players work together to agree on an outcome, not which outcome they agree upon, is called
A) a pure coordination game. B) a prisoner's dilemma game. C) an assurance game. D) a battle of the sexes game.
In the long run, if the Fed lowers the inflation rate and holds it at that new rate,
a. a zero inflation rate will be reached b. a recession will not occur c. inflationary expectations will fall d. the natural rate of unemployment will rise e. structural unemployment will start to decrease
The expenditure approach to measuring 2000 GDP adds up all the incomes earned in the production of final goods and services in 2000
Indicate whether the statement is true or false
Suppose that under its collective bargaining agreement the XYZ Corp can hire nonunion workers, but these workers must join the union within 60 days. This agreement is an example of
A) an open shop. B) a closed shop. C) a company union. D) a union shop.