A ________ is a complete plan describing how a player will act

A) strategy
B) payoff
C) hypothesis
D) policy

A

Economics

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If the rate of inflation in the United States rises relative to the rate of inflation in foreign nations, U.S. net exports will tend to ____, causing the exchange value of the U.S. dollar to ____

a. rise; rise b. rise; fall c. fall; rise d. fall; fall

Economics

The "invisible hand" is

a. used to describe the welfare system in the United States. b. a concept developed by Adam Smith to describe the virtues of free markets. c. a concept used by J.M. Keynes to describe the role of government in guiding the allocation of resources in the economy. d. a term used by some economists to characterize the role of government in an economy — inevitable but invisible.

Economics