A game where it only matters that the players work together to agree on an outcome, not which outcome they agree upon, is called
A) a pure coordination game.
B) a prisoner's dilemma game.
C) an assurance game.
D) a battle of the sexes game.
A
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If the interest rate in the French economy increases, then the most likely outcome would be that, in France, the
a. economy will move to a new point along its existing consumption curve b. consumption curve will shift upward c. investment curve will shift downward d. investment curve will shift upward e. economy will move to a new point along its existing investment curve
The long-run aggregate supply curve shows the relationship between the ________ and ________
A) inflation rate; quantity of real GDP demanded B) real interest rate; quantity of real GDP supplied C) nominal interest rate; quantity of real GDP supplied D) price level; quantity of real GDP supplied