When the Federal Reserve buys bonds on the open market, it decreases the money supply

The table above shows the payoff matrix for a prisoners' dilemma game. The Nash equilibrium is that

A) both prisoners do not confess. B) both prisoners confess. C) prisoner A confesses while prisoner B does not confess. D) prisoner A does not confess while prisoner B confesses.

Price elasticity of demand is measured by the percentage change in quantity demanded divided by the percentage change in income

Indicate whether the statement is true or false