A bank would be considered insolvent when the value of its liabilities exceed its

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.

If the interest rate is 4 percent per year and you borrow $100 for one year, at the end of the year you must pay back

A) $96. B) $100. C) $104. D) $4.