In a repeated prisoner's dilemma situation, cooperation can be achieved _____
a. if player A cooperates as long as player B cooperates
b. if player A continually defects on player B
c. if player A cooperates regardless of what player B does
d. never
a
Economics
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Consider the IS-LM curves for an economy with flexible exchange rates. An increase in the foreign income will result in the:
A) LM curve shifting to the right. B) IS curve shifting to the right. C) LM curve shifting to the left. D) IS curve shifting to the left.
Economics
Leakages from the circular flow include saving and imports
a. True b. False Indicate whether the statement is true or false
Economics