Refer to the figure below. The dominant strategy for Row Resorts is to ________, and the dominant strategy for Column Cruises is to ________.

A. keep rates high; offer reduced rates
B. offer reduced rates; keep rates high
C. offer reduced rates; offer reduced rates
D. keep rates high; keep rates high

Answer: C

Economics

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If investment is interest-insensitive,

A) monetary policy has no impact on equilibrium income. B) monetary policy has no impact on the equilibrium interest rate. C) fiscal policy has no impact on equilibrium income. D) fiscal policy has no impact on the equilibrium interest rate.

Economics

The U.S. Treasury estimates that between _______ and _______ of the U.S. currency is held outside the United States.

Fill in the blank(s) with the appropriate word(s).

Economics