Which of the following is not a characteristic of a battle of the sexes game?
A) Each player has a dominant strategy.
B) Nash equilibria exist at every outcome where the players successfully coordinate.
C) The two general outcomes are where players either coordinate with one another or they do not.
D) The payoff for coordinating is higher than the payoff for not coordinating.
A
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Assume that the government is considering different policies to increase total expenditures in order to reduce unemployment. Which of the following would achieve this objective?
a. decreasing taxes b. increasing government spending c. increasing transfer payments d. All of the above are correct.
Absent regulation of the money supply, the money supply would likely reflect the business cycle
a. True b. False Indicate whether the statement is true or false