The United States has less income inequality than most other developed countries.

In the market for reserves, when the federal funds rate is above the interest rate paid on excess reserves, the demand curve for reserves is

A) vertical. B) horizontal. C) positively sloped. D) negatively sloped.

A coordination game

A) is a game with multiple Nash equilibria where players can credibly coordinate to select one of the equilibria. B) is a game where players coordinate to maximize joint profits. C) cannot be solved with cheap talk. D) always has one Nash equilibrium and no dominated strategies.