The payoff matrix below shows the payoffs (in millions of dollars) for two firms, A and B, for two different strategies, investing in new capital or not investing in new capital. An industry spy comes to firm B and claims to know what firm A has decided. Given that each firm already knows the payoff matrix, how much would this information be worth to firm B?

If the economic growth rate SLOWS from 5% to 1%, the simple accelerator hypothesis suggests that

A) investment will continue to rise as output increases. B) investment will fall as output increases. C) investment will accelerate since output growth is positive. D) None of the above is correct.

Indicate which of the following individuals would be included in the labor force as defined by the Census Bureau

A) a teenager looking for a part-time job B) a man waiting for recall from a layoff C) a woman who has accepted a new job but has not yet begun working D) All of the above would be included in the labor force.