The Prisoners' Dilemma is a particular type of game in which negotiation and enforcement of binding contracts is not possible, and such games are known as:
A) cooperative games.
B) noncooperative games.
C) collusive games.
D) Cournot games.
B
Economics
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The distributed lag model assumptions include all of the following with the exception of:
A) There is no perfect multicollinearity. B) Xt is strictly exogenous. C) E(ut Xt, Xt-1, Xt-2) = 0 D) The random variables Xt and Yt have a stationary distribution.
Economics
The ________ capital in developing nations causes labor productivity to remain low.
A. reassignment of B. lack of C. increase in privately controlled D. subsidized
Economics