Refer to the above figure. The figure gives the payoff matrix for two individuals who are being accused of robbing a bank together. What is dominant strategy for Bob?

Suppose there are 100 identical firms in the rag industry, and each firm is willing to supply 10 rags at any price. The market supply curve will be a

A) vertical line where Q = 10. B) vertical line where Q = 100. C) vertical line where Q = 1000. D) horizontal line where Q = 1000.

The macroeconomic conditions during the mid-1990s confounded many economists because of the simultaneous occurrence of

A. low unemployment and decreasing inflation rates. B. low unemployment and increasing budget deficits. C. low unemployment and increasing interest rates. D. high unemployment and increasing inflation rates.