When players are in direct competition with one another, they should avoid using a pure strategy
Indicate whether the statement is true or false
TRUE
Economics
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According to the concept of rational expectations
a. budget deficits are irrelevant to output in the short-run. b. higher deficits should increase output in the short-run if they are expected. c. lower deficits can be used to stabilize output during expansions. d. none of the above.
Economics
A nation's citizens often dislike the economy's distribution of income. Explain two methods for creating a more equal distribution of income
Economics