Refer to the scenario above. The situation here is similar to that in a(n) ________
A) prisoners' dilemma
B) zero-sum game
C) ultimatum game
D) symmetric game
C
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A comparison of the average growth rates across time for developed nations indicates that
A) nations with lower levels of income grow more quickly than those with higher levels of income. B) nations with lower levels of income will never be as rich as nations with high levels of income. C) nations with high levels of income experience a continuously increasing growth rate. D) nations with lower levels of income grow more slowly than those with higher levels of income.
From the economist's point of view, dividends paid to stockholders are part of a corporation's costs
A) because taxes are paid on a corporation's profits prior to the payment of dividends. B) because they must be included in stockholders' incomes for purposes of personal income taxation. C) insofar as they are contractual obligations. D) insofar as they represent what funds invested in the corporation could have earned elsewhere.