If a product which costs $8 is sold at $10, the mark-up is

The result of a prisoner's dilemma is _____

a. individuals pursuing their own interests are acting for the group interest b. individuals pursuing the group interest are acting against their own interests c. individuals pursuing their own interests are acting against the group interest d. individuals pursuing the group interest are acting for their own interest

In the long-run, if the economy is operating at the full employment level, the equilibrium level of real GDP is determined solely by the:

a. level of unemployment in the economy. b. rate of inflation in the economy. c. real interest rate in the economy. d. aggregate supply curve of the economy. e. aggregate demand curve of the economy.