Taking action to reveal one's own private information is called:

Refer to Scenario 14.1. Marco and Lisette decide to help each other out and agree to split any medical bills from their doctor

With this new arrangement, Marco's dominant strategy is to schedule ________, and Lisette's dominant strategy is to schedule ________, A) 1 visit; 1 visit B) 1 visit; 2 visits C) 2 visits; 1 visit D) 2 visits; 2 visits

Which of the following topics are more likely to be studied by a macroeconomist than by a microeconomist?

a. the effect of taxes on the prices of airline tickets, and the profitability of automobile-manufacturing firms b. the price of beef, and wage differences between genders c. how consumers maximize utility, and how prices are established in markets for agricultural products d. the percentage of the labor force that is out of work, and differences in average income from country to country