The payoff matrix below shows the daily profit for two firms, Row Restaurant and Column Cafe, for two different strategies, publishing coupons in the student paper and not publishing coupons in the student paper. 
If Row Restaurant publishes coupons, Column Cafe would earn the highest profit if it:
A. only offered coupons half of the time.
B. also published coupons.
C. did not publish coupons.
D. chooses either strategy because Column Cafe will have the same profit in either case.
Answer: B
Economics
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The process of countries becoming more open to foreign trade and investment is known as
A) autarky. B) foreign exchange. C) globalization. D) protectionism.
Economics
The balance-sheet channel of monetary policy works because it can:
A. change the value of a borrower's assets and liabilities, but it can't change a borrower's net worth. B. increase a borrower's asset value but not the burden of his/her liabilities. C. increase a borrower's assets and reduce the cost of his/her liabilities. D. none of the answers given is correct.
Economics