Economic reasoning is based on the premise that:
a. all decisions or actions are costless
b. only non-economic decisions or actions have a cost associated with them.
c. only economic decisions or actions have a cost associated with them.
d. all decisions and actions have a cost associated with them.
d
Economics
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Macroeconomics studies the following topics:
A) national output, the inflation rate, and the trade deficit. B) the price of Cisco stock and wage differences. C) differences in market structure. D) all of the above.
Economics
What would be the Nash equilibrium of this simultaneous game?
a. Hit, Tell b. Not hit, Tell c. Hit, Not tell d. Both B&C
Economics