In the prisoners' dilemma game, each player ________

A. consults the other player to determine his best action
B. chooses the best outcome for the other player
C. chooses the best outcome for himself
D. chooses the best outcome for both players together

C Each player maximizes his or her own well-being.

Economics

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When positive spending shocks occur, transfer payments automatically fall

a. True b. False

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Average real wages have not risen significantly since approximately 1973

a. True b. False Indicate whether the statement is true or false

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