The types of games analyzed by the Nash equilibrium are
a. Simultaneous move games
b. Sequential move games
c. Both of the above
d. None of the above
c
Economics
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In a general equilibrium model
A) all markets but one clear. B) there are no fluctuations. C) all prices are exogenous. D) all prices are endogenous.
Economics
Other things constant, a decrease in nominal GDP will generally
a. increase the demand for money. b. decrease the demand for money. c. increase the nominal interest rate. d. decrease the money supply.
Economics