The market demand curve for a given product may be downward sloping even if no person in that market has a downward sloping demand curve

Recall the Added Perspective on the prisoner's dilemma. When there is a prisoner's dilemma,

a. the prisoners stick to a joint strategy b. each prisoner's best strategy is not to confess c. the prisoners must make a once-and-for-all decision d. game theory does not apply e. there is no mutual interdependence

Unlike discretionary fiscal policies, automatic stabilizers have a quick impact and therefore do not suffer from time lag

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