If the boxing match will be the "fight of the century" which has dramatically increased Sally's payoffs for going to the fights, even without Sam, and Sam knows that, what would the Nash equilibrium be now?
a. Boxing, boxing
b. Ballet, ballet
c. Ballet, boxing
d. Boxing, boxing
a
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Which of the following is considered by economists to be the most fundamentally scarce?
A. Money B. Ideas C. Needs D. Food E. Physical resources
The natural rate of unemployment is equal to the unemployment rate when there is only:
A. structural and frictional unemployment. B. frictional unemployment. C. cyclical unemployment. D. structural and cyclical unemployment.
The sum of the current yield and the rate of capital gain is called the
A) rate of return. B) discount yield. C) perpetuity yield. D) par value.
Which of the following programs are in-kind assistance to fight poverty in the United States?
A. social security B. Medicaid. C. unemployment benefits D. Temporary Assistance to Needy Families (TANF).