Refer to Scenario 13.9. What kind of game is being played by Lago and Nessie?
A) Battle of the Sexes.
B) Prisoners' Dilemma.
C) Beach Location.
D) Stackelberg Output Choice.
E) Cournot Output Choice.
B
Economics
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Dell Computers decides to produce PCs and sell them directly over the Internet and via Best Buy. This is an example of
A) incentives. B) a microeconomic decision. C) a macroeconomic decision. D) scarcity.
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The above table presents the balance sheet of the TBK commercial bank. What is this bank's actual reserve ratio?
A) 50 percent B) 12 percent C) 20 percent D) 17.14 percent
Economics