Consider Figure 12.3. Which of the following statements is true?
A. Both David and Becky have a dominant strategy.
B. Neither David nor Becky has a dominant strategy.
C. David has a dominant strategy but Becky does not.
D. Becky has a dominant strategy but David does not.
Answer: A
Economics
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The information in the table above gives the 2012 reference base period CPI basket and prices used to construct the CPI for a small nation. It also has the 2013 prices. What is the value of the CPI for 2013?
A) 140 B) 133 C) 100 D) 75
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When a group lobbies for the prevention of free trade, the most likely reason is
A) rent seeking. B) tariff revenue. C) defense against expensive domestic labor. D) preservation of the environment.
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