Which of the following statements is true?
A) When banks borrow from the discount window, it is an admission of trouble.
B) The discount window is operated only in periods of economic expansion.
C) The discount window is accessible only to well-performing banks.
D) The discount window in the United States is operated by Citibank.
A
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If the payoff to the United States to pursuing nuclear weapons is 100 if the USSR does not pursue nuclear weapons and 50 if they do, and the payoff to the USSR to pursuing nuclear weapons is 80 if the USA doesn't pursue nuclear weapons and 30 if they
do, what is the non-cooperative equilibrium? A) The USA pursues nuclear weapons, the USSR does not. B) The USA pursues nuclear weapons, the USSR pursues nuclear weapons. C) The USA does not pursue nuclear weapons, the USSR does not pursue nuclear weapons. D) The USA does not pursue nuclear weapons, the USSR does pursue nuclear weapons.
One reason unbalanced development strategies do not succeed is because they require a basic minimum ___________ that is not always in place
a. of markets b. of skilled work force c. big-push investments d. infrastructure e. entrepreneurial incentive