A strategy that is best for a player regardless of the strategy of the other player is called a(n)
a. subsistence strategy
b. determinant strategy
c. dominant strategy
d. independent strategy
e. autonomous strategy
C
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Andrea Burris lost her job in a company layoff 5 months ago. She would take a job if one was offered, but she has given up looking for work until the economy improves. She is:
A. a member of the civilian labor force who is employed. B. a member of the civilian labor force who is unemployed. C. a member of the civilian labor force who is underemployed. D. a discouraged worker who is not a member of the labor force.
A bond’s price is sensitive to changes in
A. the interest rate. B. the accepted rate of return on investment. C. investor confidence in the stability and credit worthiness of the firm. D. All of these responses are correct.