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

True

Economics

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What allocation method is the primary method used in the United States?

What will be an ideal response?

Economics

A small economy increased its capital per hour worked (K/L) from $40,000 to $50,000. As a result, real GDP per worker (Y/L) grew from $20,000 to $25,000

If the economy increases its capital per hour worked by another $10,000 to $60,000, but there is no change in technology, by how much more and in what direction will output per worker change? A) Output per worker will increase by less than $5,000. B) Output per worker will increase by exactly $5,000. C) Output per worker will fall by more than $5,000. D) Output per worker will increase by more than $5,000.

Economics