Which of the following is NOT part of solving a game?
A) Write down all possible combinations of strategies.
B) Write down all possible payoffs and eliminate dominated strategies.
C) Solve for any Nash Equilibrium.
D) None of the above.
D
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In the above figure, the diagram shows
A) a downward trend in x. B) an upward trend in x. C) a scatter diagram. D) a two-variable scatter diagram. E) a cross-section graph between x and time.
Identify whether each of the following policies is an example of (1 ) a discretionary fiscal policy, (2 ) an example of an automatic stabilizer, or (3 ) not a fiscal policy
a. Food stamps b. Government spending on rebuilding airports c. Tax credits for the purchase of energy efficient appliances d. The extension of the "Bush tax cuts" of 2001 and 2003 e. Changing the required reserve ratio f. The bailout of large financial institutions during the financial crisis g. The progressive income tax system