In the early 1980s, the government used fiscal policy to fight a recession by ______.

Refer to the below table. In the second game:

Answer the question based on the following payoff matrices for a repeated game involving two firms that are considering introducing new products to the market. The numbers indicate the profit from following either a strategy to introduce a new product or a strategy to not introduce a new product.











A. Introducing a new product is the dominant strategy for both firms

B. Not introducing a new product is the dominant strategy for both firms

C. Introducing a new product is the dominant strategy for firm A while not introducing a new product is the dominant strategy for firm B

D. Not introducing a new product is the dominant strategy for firm A while introducing a new product is the dominant strategy for firm B

Refer to the above graph. What will be the quantity extracted if user costs are considered compared to the case where they are not considered?

Use the following graph to answer question. It shows the extraction costs for TX Oil Company n the first year in a situation where it will extract oil from a reserve over two years.
A. 10 units versus 20 units
B. 20 units versus 10 units
C. 10 units versus 30 units
D. 20 units versus 40 units