What is the Nash equilibrium of the game?

a. Each firm charges a LP
b. Each firm charges a HP
c. You charge a LP and your rival charges a HP
d. None of the above.

a

Economics

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Which of the following statements are NOT true about Eurocurrency markets?

A) Covered interest arbitrage in Eurocurrency markets is typically very profitable. B) Eurocurrency interest rate differentials are often in equilibrium with forward premiums or discounts. C) The Eurocurrency markets and forward markets fulfill similar roles for banks and firms today. D) All of these statements about Eurocurrency markets are true.

Economics

Natural disasters (such as the 2011 earthquake and tsunami in Japan) are examples of an adverse supply shock, which result in the SRAS curve shifting leftward

Indicate whether the statement is true or false

Economics