Which one of the following is a way to get out of a repeated Prisoner's Dilemma Nash Equilibrium?

a. Do not be forgiving
b. Be forgiving
c. Punish the competitors severely forever
d. All of the above

b

Economics

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On the "supply side" of a market, producers indicate to consumers what they are willing to sell, in what quantity and at what price

Indicate whether the statement is true or false

Economics

Under what circumstances would the GDP deflator be less than 100 after the base year?

A) The GDP deflator will be less than 100 if there has been inflation relative to the base year. B) The GDP deflator will be less than 100 if there has been inflation of less than 2% per year relative to the base year. C) The GDP deflator will be less than 100 if there has been deflation relative to the base year. D) There are no circumstances under which the GDP deflator could be less than 100.

Economics