The key decision maker for U.S. monetary policy is:

The minimum amount that investors must earn on the funds they invest in a firm, expressed as a percentage of the amount invested, is referred to as

A) the explicit costs of production. B) net income. C) net worth. D) a normal rate of return.

In a two-person repeated game, a tit-for-tat strategy refers to

a. Where each player pursues his or her own self-interest without any cooperation b. Where players start off as non-cooperative and then cooperate when one or both players show interest in colluding c. Where players start off by cooperating and then mimic the other player's last move d. Players cooperating throughout with no defection