Which of the following events would increase the unemployment rate, if nothing else changed?
A. Unemployed workers become employed
B. Workers from outside the labor force become employed
C. Employed workers leave the labor force
D. Unemployed workers leave the labor force
Answer: C
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Given the situation in the matrix shown, the two firms are likely to collude only if:
This prisoner's dilemma game shows the payoffs associated with two firms, A and B, in an oligopoly and their choices to either collude with one another or not.
A. it is a repeated game.
B. they will only make the decision once.
C. The two firms will always choose to compete.
D. they are the only two firms with dominant market share.
The slope of the aggregate expenditure function is the sum of the:
A) marginal propensity to consume and marginal propensity to save. B) marginal propensity to consume and marginal propensity to invest. C) marginal propensity to consume, marginal propensity to save, and marginal propensity to import. D) marginal propensity to consume, marginal propensity to invest, and marginal propensity to import.