Using real GDP to compare the level of economic well-being in two countries may be misleading because the value of ________ contributes to economic well-being, but is excluded from real GDP.

Special Drawing Rights (SDRs) are issued to governments by the ________ to settle international debts and have replaced ________ in international transactions

A) Federal Reserve System; gold B) Federal Reserve System; dollars C) International Monetary Fund; gold D) International Monetary Fund; dollars

If you take a maximin strategy

A) you are irrational according to economic definition. B) you are ensuring that the other player gets the worst possible outcome. C) you are getting the best possible outcome given that the other player does the thing that's worst for you. D) then both players are doing the best they can given the payoffs in the game.