A free rider is one who enjoys the benefits of a public good without paying for it

Modern bankers

a. expand the money supply by printing currency when they need it. b. decrease the supply of money when they extend additional loans. c. hold only a fraction of their assets in the form of reserves against their deposits. d. can increase their profits by increasing their holdings of excess reserves.

In the prisoners' dilemma game, one prisoner is always better off confessing, no matter what the other prisoner does

a. True b. False Indicate whether the statement is true or false