What is meant by strategic behavior?

What will be an ideal response?

Strategic behavior is when someone considers how their behavior affects the behavior of others and acts accordingly.

Economics

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Between 1830 and 1860, the number of miles of railroad in operation increased by

a. roughly 100 percent. b. roughly 500 percent. c. roughly 750 percent. d. over 1000 percent.

Economics

In 2008–2010, American policymakers decided to risk

A. higher inflation for the sake of decreasing unemployment. B. higher unemployment to hold down inflation. C. increasing taxes for the sake of reducing the budget deficit. D. reducing government spending for the sake of balancing the budget.

Economics