A 91-day $10,000 Treasury bill is selling for $9,000. The bill's coupon equivalent yield is __________ percent

If firms in a perfectly competitive industry are earning positive economic profits, then what will happen in the long run?

What will be an ideal response?

A Nash equilibrium is

A. the same as a dominant strategy. B. is the outcome where a player has selected her best strategy, given the choices of the other players. C. occurs in a game when a cartel solution is reached. D. occurs when one player can change her strategy and be better off.