The "Prisoners' Dilemma" is an example of a cooperative game

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

False

Economics

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Which calculation gives the firm’s profit margin?

a. Average profit = price × average cost b. Average profit = price ÷ average cost c. Average profit = price + average cost d. Average profit = price – average cost

Economics

An economic boom that creates an inflationary gap is usually followed later by

A. falling prices. B. a period of stagflation. C. an increase of potential GDP. D. an increase in aggregate supply.

Economics