For barter to occur, there has to be a double coincidence of wants

When institutions and policies provide secure property rights, a fair and balanced judicial system, monetary stability, and effective limits on the power of government, which of the following is most likely to be encouraged?

a. rent-seeking b. actions that reduce the value of resources c. productive activities d. destructive activities

Which of the following can be used to predict the outcome of a game if there are no dominant strategies in the game?

A. Prisoner's dilemma B. Secure strategy C. First-mover advantage D. Nash equilibrium