Strategies and incentives:
A. do not change when the game is repeated.
B. often work quite differently when games are repeated.
C. work the same whether games are played once or repeated.
D. None of these statements is true.
Answer: B
Economics
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An exchange rate crisis is when:
a. the currency is stable. b. the value of a currency declines dramatically. c. the value of a currency increases dramatically. d. a country fixes the price of its currency.
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Using the data in the table above, what is the value of GDP?
A) $13,516 billion B) $10,679 billion C) $9,541 billion D) $8,403 billion
Economics