NGOs seem to do a better job than national policies because they:
a. can enforce regulations.
b. are better organized.
c. target the worst offenders.
d. target the worst offenders and are better organized.
Ans: c. target the worst offenders.
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Which of the following statements is TRUE about a non-cooperative game?
A) When two players each have a dominant strategy, joint profits may not be maximized. B) When two players each have a dominant strategy, joint profits are maximized. C) When players use their best responses, joint profits are maximized. D) None of the above.
A tax whose impact varies inversely with the income of the person taxed, that is, poor people pay a higher percent of their income than do rich people, is known as a
a. regressive tax b. progressive tax c. proportional tax d. flat tax e. an excise tax