To raise productivity, policymakers could
a. increase spending on education.
b. provide tax credits to firms for capital improvements.
c. fund research and development.
d. All of the above are correct.
d
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If workers are homogeneous and face a monopsonist,
A) they are likely to want to form a union. B) they are likely to want to negotiate one-on-one with their employer. C) it is likely that half will want to form a union, half will not. D) they are likely to move to another town.
In games:
A. there is only one strategy associated with each outcome. B. there are several strategies that can achieve a single goal. C. all strategies followed in one particular game should all be similar in order to be successful. D. if one person's strategy is wildly different from those of others, he will typically come in first or last.