Often, when no player has a dominant strategy
A) there is a dominated strategy.
B) there is a chance for circular reasoning.
C) then another player is needed.
D) then there is a competitive market.
B
Economics
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Income has risen in the simple Keynesian model. This could be the result of:,
a. an equal increase in government spending and taxes. b. an increase in unplanned investment. c. an increase in taxes d. a decrease in autonomous consumption. e. none of the above
Economics
The budget line and the indifference curve are geometric devices used to provide a closer look at consumer choice
a. True b. False Indicate whether the statement is true or false
Economics