When players are in direct competition with one another, playing a mixed strategy leads to more predictable results than playing a pure strategy

For a closed economy with no government, we know that at every level of GDP actual investment equals

A) the difference between planned investment and actual saving. B) the difference between planned saving and actual saving. C) planned investment. D) planned saving.

If a country has a balance of payments deficit and wishes to maintain the fixed value of its currency, it will generally

A. sell its own currency for foreign currencies. B. buy its own currency with foreign reserves. C. decrease taxes to increase domestic disposable income. D. increase the money supply to keep interest rates down.