The analytical framework in which two or more individuals, companies, or nations compete for certain payoffs that depend on the strategy that others employ is

A) game theory.
B) opportunistic behavior.
C) the dominant equilibrium.
D) the tit-for-tat equilibrium.

A

Economics

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Deposit insurance indirectly helped to create the savings and loan crisis in the United States because

A) depositors were not concerned with the types of investments made because they were insured, while at the same time savings and loans were aggressively investing in risky projects. B) depositors, believing that the government would not secure their deposits, were very concerned with the types of investments made at savings and loans. C) the government, without warning, eliminated deposit insurance for savings and loans, thereby causing a run on these institutions. D) depositors were not concerned with the types of investment made because savings and loans were making very conservative investments.

Economics

Public goods are goods that have

A) only a few low income consumers. B) clear property right. C) nonexcludability and nonrivalrous. D) features that cannot be addressed by creating property rights.

Economics