An equilibrium in game theory in which the players make and share the monopoly profit is called

A) the Nash equilibrium.
B) the cooperative equilibrium.
C) a contestable market equilibrium.
D) limit pricing.

B

Economics

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Based on the information in the above table, what is the unemployment rate? What is the labor force participation rate?

What will be an ideal response?

Economics

Suppose that at the beginning of a loan contract, the real interest rate is 4% and expected inflation is currently 6%. If actual inflation turns out to be 7% over the loan contract period, then

A) lenders gain 1% of the loan value. B) borrowers lose 3% of the loan value. C) lenders gain 3% of the loan value. D) borrowers gain 1% of the loan value.

Economics