Which of the following best represents household saving?
A) T - (G + TR)
B) (Y - TR) + I
C) (Y - C - G - NX)
D) (Y + TR - T) + C
D
Economics
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Assume the Fed creates excess reserves in the banking system by buying government bonds, but banks do not make more loans because economic conditions are bad. This situation is a problem of:
A. "Putting all your eggs in one basket" B. "Not in my own back yard" C. "There ain't no such thing as a free lunch" D. "You can lead a horse to water, but you can't make it drink"
Economics
Refer to the payoff matrix. Bob's Burgers and Sam's Sandwiches are competing restaurants in a small town. Both are considering adding pizza to their line of products. If this is a sequential game and Bob's moves first, which cell represents the final outcome?
A. A.
B. B.
C. C.
D. D.
Economics