The Lehman Brothers bankruptcy triggered a financial panic that featured
a. an increase in Treasury interest rates and an increase in most other interest rates.
b. an increase in Treasury interest rates and a decrease in most other interest rates.
c. a decrease in Treasury interest rates and an increase in most other interest rates.
d. a decrease in Treasury interest rates and a decrease in most other interest rates.
c
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In the above figure, which curve is an indifference curve for someone who views frozen pizzas and milk as perfect complements?
A) indifference curve F B) indifference curve G C) indifference curve H D) indifference curve I
Mutually Assured Destruction was a standing policy during the Cold War, in which the United States and the U.S.S.R. maintained and expanded nuclear arsenals beyond practical levels. What could explain such a phenomenon?
A) insane public officials who were bent on world domination B) a prisoners' dilemma C) a leader-follower type game D) tacit collusion