In the ultimatum game, one reason players don't choose the rational offer is
A) that there are too many possible outcomes to reasonably consider.
B) they are worse off by taking the offer.
C) they prefer to sacrifice to punish "unfair" behavior.
D) that it is not a Nash equilibrium.
C
Economics
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If the Fed buys U.S. government securities,
A) the discount rate will fall. B) bank reserves will decrease. C) the discount rate will rise. D) the federal funds rate will fall. E) the federal funds rate will rise.
Economics
Which of the following events shifts the aggregate demand curve leftward?
A) an increase in consumption expenditures B) a decrease in taxes C) a decrease in government expenditures on goods and services D) an increase in net exports of goods and services
Economics