When neither player has a dominant strategy
A) game theory will not provide information.
B) no Nash equilibrium exists.
C) at least one Nash equilibrium exists.
D) the game cannot be analyzed.
C
Economics
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For a given domestic and foreign price level, an increase in the nominal exchange rate ________ the real exchange rate.
A. may either increase or decrease B. increases C. decreases D. offsets any change in
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________ refers to the overall political and financial situation of a country, and the extent to which these conditions may affect the ability of a country to repay its debts
A) Debt-rescheduling B) IMF conditionality C) Country risk D) International debt
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