The short-run Phillips Curve intersects the long-run Phillips Curve at the:

In the life-cycle hypothesis, people are assumed to have a consumption pattern that leads them to dissave

A) at no point in their life. B) in the working years up to retirement. C) in their retirement years. D) in every year of their life.

In game theory, a Nash equilibrium is

a. an outcome in which each player is doing his best given the strategies chosen by the other players. b. an outcome in which no player wishes to change her chosen strategy given the strategies chosen by the other players. c. the outcome that occurs when all players have a dominant strategy. d. All of the above are correct.