Southern slave owners were not rational people and did not strive to maximize profits through the use of the slave system of production
Indicate whether the statement is true or false
False
Economics
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The prisoners' dilemma has an equilibrium that is
A) a Nash equilibrium and both players confess. B) not a Nash equilibrium and both players confess. C) a Nash equilibrium and both players deny. D) not a Nash equilibrium and both players deny.
Economics
The level of output when there is full employment is called actual GDP
Indicate whether the statement is true or false
Economics