A subgame-perfect equilibrium is a Nash equilibrium that
a. cannot persist through several periods.
b. involves only credible threats.
c. consists only of dominant strategies.
d. is unique.
b
Economics
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Suppose the U.S. GDP growth rate is slower relative to other countries' GDP growth rates. This will
A) move the economy up along a stationary aggregate demand curve. B) shift the aggregate demand curve to the left. C) shift the aggregate demand curve to the right. D) move the economy down along a stationary aggregate demand curve.
Economics
Which of the following is not a loan of funds?
a. home mortgage b. government bond c. corporate stock d. corporate bond
Economics