Some economists believe that because the government ______________ discouraged workers as unemployed, the unemployment rate is biased ________________

During the current year, Jessica sold her house, built two years ago, to Kim for $175,000 . Kim then sold the house to Dave for $185,000 . How much does GDP increase due to these transactions?

a. $370,000 b. $175,000 c. $185,000 d. $360,000 e. $10,000

In a situation where both firms in a two-firm, balanced oligopoly choose to avoid the worst case scenario

a. both firms will end up in the worst case b. both firms end up in a Nash equilibrium outcome c. only one firm will survive d. both firms end up charging different prices e. both firms end up with different profit margins