Game theory is necessary to understand which kinds of markets?
a. monopoly
b. competitive
c. oligopoly
d. All of the above are correct.
c
Economics
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Explain how usury laws distort the market for funds. What is the most likely result if a usury law is passed and enforced?
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The simple spending multiplier is the inverse of the marginal propensity to consume
a. True b. False Indicate whether the statement is true or false
Economics