A game in economics is defined as
A) something that is shown on ESPN.
B) competition in which strategic decision making is integral.
C) competition in general.
D) an actual strategy chosen by one or more economic agents.
B
Economics
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Small time deposits of $100,000 or less are classified as
A) part of M1. B) FDIC insured. C) part of M2. D) highly liquid.
Economics
As their relative riskiness ________, the expected return on corporate bonds ________ relative to the expected return on default-free bonds, everything else held constant
A) increases; increases B) increases; decreases C) decreases; decreases D) decreases; does not change
Economics