In the United States, paper money is redeemable for gold
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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A and B form a coalition and share the value of the payoffs it produces. Their coalition is individually rational if:
a. the core is blocked. b. individual payoffs exceed the respective values produced by A and B. c. payoffs to both are equal to their respective values. d. the core is empty.
Economics
According to the text, which of the following is a determinant of macroeconomic performance?
A. Prices B. Policy levers C. The unemployment rate D. The international value of the dollar
Economics