The disagreement value in a nonstrategic game is most closely associated with
a. opportunity costs
b. fixed costs
c. variable costs
d. accounting costs
a
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If interest rates in the United States rise,
A) the value of the dollar will rise as the foreign investors increase their holdings of U.S. investments. B) the value of the dollar will fall as foreign investors increase their holdings of U.S. investments. C) the value of the dollar will rise as foreign investors sell their U.S. investments. D) the value of the dollar will fall as foreign investors sell their U.S. investments.
Suppose that for several periods the aggregate demand and supply curves have been intersecting at the same point, and at full employment. Then the central bank increases money growth as the result of an unannounced policy change
Under New Classical assumptions the likely short-run result is __________ output and __________ price level. A) rising; a rising B) rising; an unchanged C) unchanged; a rising D) unchanged; an unchanged