The prisoners' dilemma is an example of a(n) ________ game
A) simultaneous move
B) extensive-form
C) zero-sum
D) mixed strategy
A
Economics
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Which of the following statements is TRUE?
A) If private saving is greater than private investment, then the private sector has a surplus. B) If private investment is greater than private saving, then the private sector has a deficit. C) If private investment is greater than private saving, then either the government or net export sector must have a surplus. D) All of the above answers are correct.
Economics
Margarine and butter can both be used as a spread on toast. This means that they are:
a. independent goods. b. complementary goods. c. substitute goods. d. Giffen goods. e. inferior goods.
Economics