Which of the following exchange rate systems have a legislative commitment to exchange domestic currency for a specified foreign currency at a fixed exchange rate?

Refer to Scenario 12.1. What is the probability of both Simon and Paula trying to rescue the man?

A) 9% B) 21% C) 49% D) 70%

In a three-player game, a Nash equilibrium exists when all players are playing their best response to one another

Indicate whether the statement is true or false