Which of the following would cause a fall in the market interest rate?
a. an increase in the risk cost of investment
b. an increase in the inflation rate
c. an increase in the marginal rate of return on investment
d. a decrease in the marginal product of capital
e. none of the above
D
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A Nash equilibrium occurs
A) when each player acts without considering the actions of the other player. B) when each player takes the best possible action given the action of the other player. C) only when players use the tit-for-tat strategy. D) only when the game is played in Nashville, Tennessee. E) when each player takes the action that makes the combined payoff for all players as large as possible.
The Firefox, Safari, and Opera browsers are an example of ________
A) products produced in monopoly industries B) products produced in perfectly competitive industries C) product differentiation D) homogeneous products