Environmentalists worry that economic growth imposes costs on society. Among these costs are

A Nash equilibrium is an outcome where

A) both players are playing their best strategy, given the strategy chosen by the opponent. B) both players are playing their best strategy, regardless of the strategy chosen by the opponent. C) only one player can play his or her best strategy due to the strategy chosen by the opponent. D) neither player has a best strategy to play.

If float is predicted to decrease because of unseasonably good weather, the manager of the trading desk at the Federal Reserve Bank of New York will likely conduct a ________ open market ________ of securities

A) defensive; sale B) defensive; purchase C) dynamic; sale D) dynamic; purchase