Firms look for dominated strategies in order to gain the upper hand on competitors

Long-run macroeconomic equilibrium occurs when aggregate demand ________ short-run aggregate supply and they ________ the long-run supply curve

A) is greater than; intersect at a point to the left of B) equals; intersect at a point on C) equals; intersect at a point to the right of D) is less than; intersect at a point to the right of

If a security held by a bank falls in market value, that loss

A) must be recorded by the bank, no matter what. B) will be recorded by the bank only if the security is of the type they hold to maturity. C) will be recorded by the bank only if the security is of the type they often sell before maturity. D) will be recorded by the bank only if it sells the security.