In a two-player simultaneous game, if player A has a dominant strategy and player B does not, player B will
A) employ a mixed strategy.
B) choose his best strategy assuming that player A plays her dominant strategy.
C) not achieve a Nash equilibrium.
D) assume that player A does not choose her dominant strategy.
B
Economics
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What is the effect on aggregate demand and the AD curve from either an increase in government expenditure or a cut in taxes?
What will be an ideal response?
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The "interest rate effect" can be described as an increase in the price level that raises the interest rate and chokes off
A) investment and consumption spending. B) government spending. C) government spending and unplanned investment. D) net exports.
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