In-kind transfer programs such as Medicaid have increased more rapidly than other welfare programs over the last decade

A game in which players want to coordinate on an outcome and in which both agree that coordinating on one particular outcome is preferred to coordinating on the other is called

A) an assurance game. B) a pure coordination game. C) a battle of the sexes game. D) a chicken game.

Potential output is the

a. maximum rate of output that can ever be achieved. b. highest rate of output that has ever been achieved in the past. c. maximum sustainable output level consistent with the economy's resource base and current institutions. d. the rate of output present when the general level of prices is unstable.