A version of the battle of the sexes game that results in disaster if each player plays his or her tough strategy is called
A) a prisoner's dilemma game.
B) a chicken game.
C) an assurance game.
D) a pure coordination game.
B
Economics
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If the exchange rate rises, the quantity of dollars demanded
A) increases and there is movement down along the demand curve for dollars. B) decreases and there is movement down along the demand curve for dollars. C) decreases and there is movement up along the demand curve for dollars. D) increases and there is movement up along the demand curve for dollars. E) does not change.
Economics
As disposable income decreases, consumption:
A. decreases. B. may either increase or decrease depending on the wealth effect. C. may either increase or decrease depending on the mpc. D. increases.
Economics