A graph illustrating the relationship between the quantity of money demanded and the interest rate would have a slope that is:

Unilateral transfers between countries are

A) long-term loans. B) only international gifts, never payments that do not correspond to the purchase of any good, service, or asset. C) part of the current account but not a part of national income. D) known for reducing the income of capital owners. E) the difference between Y and GNP if the identity Y = C + I + G + CA holds exactly.

If two players in an oligopoly game enter into an agreement whereby one player makes a grim trigger, the other player will honor the agreement only if its (i.e. the other's) annual discount rate is high

Indicate whether the statement is true or false