A game in which players want to coordinate on an outcome and in which both agree that coordinating on one particular outcome is preferred to coordinating on the other is called

A) an assurance game.
B) a pure coordination game.
C) a battle of the sexes game.
D) a chicken game.

A

Economics

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Structural unemployment can increase due to all of these except:

A. labor unions. B. government regulations. C. unemployment insurance. D. worker mobility.

Economics

Some suggest that many New York taxi drivers set an income goal for the week and finish work once they have achieved that goal. Since the effective hourly wage is higher on busy days, choosing to stop working when a particular income goal is reached is:

A. consistent with an upward-sloping labor supply curve since the quantity of labor supplied is higher when the wage is higher. B. consistent with an upward-sloping labor supply curve since the quantity of labor supplied is lower when the wage is higher. C. inconsistent with an upward-sloping labor supply curve since the quantity of labor supplied is higher when the wage is higher. D. inconsistent with an upward-sloping labor supply curve since the quantity of labor supplied is lower when the wage is higher.

Economics